File - A picture dated August 29, 2014 shows a Tesco supermarket in north London. AFP PHOTO/Leon Neal
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Tesco rushed its new chief financial officer into place Tuesday, trying to shore up a leadership team badly damaged by the accounting mistake revealed Monday that knocked millions off the company's profits and billions from its share price.Britain's biggest retailer hired Alan Stewart from Marks & Spencer early in the summer but he was not due to start until December. Tesco's – also new – chief executive Dave Lewis said Tuesday that M&S boss Marc Bolland had now agreed to release Stewart early.Tesco remains the worst performer of Britain's so called "big four" grocers, which also includes Wal-Mart's Asda, Sainsbury's and MorrisonsStewart quit M&S on July 10 to join Tesco but had since been on a period of so called "gardening leave," his contractual notice period which meant he could not join Tesco until Dec. 1 .
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