Every little helps… CEO Dave Lewis rescued Tesco from a financial accounting disaster, the onslaught of Lidl and Aldi, and re-set the business for growth. All justification for applause from shareholders you would have thought, but apparently not. In order to pay out his final bonus before he leaves an adjustment to his incentive scheme was required. His bonus depended on Tesco outperforming a number of peer group shares. Inconveniently, Ocado had rocketed to such an extent that Tesco couldn’t beat the required index. But hang on, Ocado aren’t what we thought. When they were included, they were an online grocer. But almost overnight they’ve become a food tech company (what’s that?). Without consulting key shareholders (established best practice but we know what they would have said) the board re calibrated excluding the outlier and Dave will get his £1.6M cash. Every little helps.