Booker chief executive and industry stalwart Charles Wilson is to retire after 15 years leading the wholesaler, leaving behind ‘an incredible legacy.’

‘A comprehensive handover’ began with Wilson’s successor, current Tesco chief product officer Andrew Yaxley, on  7 September. Wilson will officially step down in February 2021.

Tesco chief executive Dave Lewis, also due to step down from his role, heralded Wilson’s turnaround and continued leadership of Booker. He had joined Booker following turbulent years for the wholesaler as it passed from one parent company to another. Under his leadership, Booker expanded into new global markets, acquired rival brands Makro, Budgens and Londis, and expanded its share of both the foodservice and retail wholesale channels.

Lewis praised his Booker counterpart stating: “Charles’ reputation in the UK food business is unparalleled and for very good reason! The transformation of Booker over the last 15 years is one of the most remarkable business case studies in recent history. Since the merger with Tesco he has been a superb member of the executive team and a brilliant colleague. Whilst we are very sad to see him retire, we completely understand and wish Charles and his family all the very best for the future.”

Announcing the move, Wilson said: “I joined the Booker team 15 years ago. At that time Booker was challenged. Together we turned around the company, improved customer satisfaction and grew to be the leading wholesaler. In 2018 we merged with Tesco. The merger is working well. Customer satisfaction has improved, our sales are up £1.5bn and we are proud to be part of Tesco. It has been a privilege serving our retail and catering customers and a pleasure working with a great team at Tesco/Booker.

“A couple of years ago I was diagnosed with throat cancer. I remain in remission but it is time to take things a little easier.” He concluded: “It has been a huge privilege to be part of Booker and Tesco, and I look forward to seeing the group flourish in the years ahead.”