Investors and Sir Richard Broadbent

Sir Richard Broadbent: Sir Richard Broadbent, the chairman, has said that it will be up to investors to decide whether he is ultimately seen as part of the solution or part of the problem. , according to BBC. Investors list three key areas of concern - governance problems within the business, lack of retail experience on the board and an overly aggressive internal culture which one investor said that the board had been "too slow" to tackle. The latest trading figures from Kantar show sales down another 4.5% in the 12 weeks to 14 September. It seems to be a race between trading figures and the share price as to which can fall the fastest. After speaking to four of the top twenty investors in Tesco - the people who actually own the business - there is certainly a very negative and gloomy tone. (news.financializer.com). As reported in the news.