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 2007-09-13 Tesco Group FD moves to Sydney (by Adrie van der Luijt)

Tesco's Group International Finance Director Elizabeth Doherty will leave after six years to join Sydney-based Brambles, owner of CHEP pallets and containers and Recall data management. Brambles said that Liz Doherty will join the company's Board as Chief Financial Officer on 1 December 2007. She succeeds the previous Chief Financial Officer of Brambles, Mike Ihlein, who became Chief Executive Officer of Brambles on 1 July 2007.

Doherty has been based in London as Tesco's Group International Finance Director since 2001, where she was accountable for Tesco's corporate finance and accounting functions, including controllership, planning and reporting, taxation (both corporate and indirect) and until end 2006, treasury and responsible for providing support for risk, insurance and pensions. In addition,  she was accountable for operational finance within the international division as well as financial systems and applications and  the development of finance talent.

Liz Doherty previously had a long career with Unilever Plc in increasingly senior operating finance roles based in a number of locations, including Asia and Europe. She will be based at Brambles' Global Headquarters in Sydney, Australia. Brambles operates in over 45 countries around the world. In the year to the end of June 2007, Brambles' sales totalled US$3.9 billion. Its two businesses are CHEP and Recall.

CHEP is the global leader in pallet and container pooling services. It employs 7,700 people and supports more than 300,000 customer locations. CHEP issues, collects, repairs and re-issues about 285 million pallets and containers from its global network of over 450 service centres.

Recall is a global leader in the management of information throughout its life cycle, providing secure storage, retrieval and destruction of physical and digital documents. Over 4,500 Recall team members service almost 80,000 customers worldwide.

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