{"id":1608,"date":"2024-04-08T13:48:01","date_gmt":"2024-04-08T13:48:01","guid":{"rendered":"https:\/\/ventil.rs\/blog\/business\/john-lewis-announces-new-chair-to-replace-sharon-white\/"},"modified":"2024-04-08T13:48:01","modified_gmt":"2024-04-08T13:48:01","slug":"john-lewis-announces-new-chair-to-replace-sharon-white","status":"publish","type":"post","link":"https:\/\/ventil.rs\/blog\/business\/john-lewis-announces-new-chair-to-replace-sharon-white\/","title":{"rendered":"John Lewis announces new chair to replace Sharon White"},"content":{"rendered":"


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Former Tesco boss and grocery retail veteran Jason Tarry is to succeed Dame Sharon White as the new chair of the John Lewis Partnership.<\/p>\n

It comes just a month after the employee-owned firm, which runs the department store chain and the Waitrose supermarket business, returned to profit for the first time in two years<\/a>.<\/p>\n

Mr Tarry, who spent three decades at Tesco, most recently as its UK chief executive, will take over in September \u2013 six months before the end of the current chair\u2019s tenure. Dame Sharon is due to depart in February 2025, and will \u201csupport the transition as required\u201d, the firm announced<\/a>.<\/p>\n

Dame Sharon has led a major overhaul, including a raft of store closures and a shift into new business areas such as housing, since joining from Ofcom in 2020. Although her turnaround plan has begun to show signs of success, she has faced criticism over her lack of retail experience, and announced her departure in October.<\/p>\n

Last month\u2019s results marked only the second time in the partnership\u2019s history that workers did not receive an annual bonus.<\/p>\n

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Jason Tarry has spent the past three decades at Tesco (Reuters)<\/span><\/figcaption><\/figure>\n<\/div>\n

Mr Tarry said: \u201cThe partnership and its brands stand for trust, value, quality and service and it\u2019s a great privilege to be succeeding Sharon as the seventh chairman.<\/p>\n

\u201cThe partnership is unique and I\u2019ve long been an admirer of the employee-ownership model, its values and partner-led customer service. This starts with a sharp focus on being brilliant retailers for customers and investing in growth.\u201d<\/p>\n

He will receive the same pay and terms as his predecessor, the firm said \u2013 Dame Sharon was reportedly on a deal worth around \u00a31m a year.<\/p>\n

Dame Sharon said: \u201cI\u2019m delighted to be handing over to Jason, who has a combination of fantastic retail experience with leadership through transformation.<\/p>\n

\u201cFrom my many conversations with Jason, he has demonstrated a clear appreciation for the partnership model and champions it. I look forward to welcoming him to the partnership in September and carrying out a smooth handover.\u201d<\/p>\n

Rita Clifton, deputy chair and chair of the nomination committee, said: \u201cThe board extends its huge thanks to Sharon for successfully leading the partnership through one of the most testing periods in its history \u2013 first Covid and then the cost of living crisis. She has faced the toughest decisions and overseen the partnership\u2019s financial recovery.<\/p>\n

\u201cAs the partnership moves into the next phase of its modernisation focused on our core retail business as well as future growth, we are confident that Jason will provide the kind of inspirational leadership, a proven track record in multi-channel, multi-category retail success, and a strong identification with partnership values that we are seeking in this role.\u201d<\/p>\n

Retail analyst Neil Saunders said: \u201cIn my view, this is an excellent appointment. It addresses the legitimate criticism of a lack of retail experience at the top table, which became a huge point of contention during Dame Sharon\u2019s tenure.<\/p>\n

\u201cIt also sends a clear signal that the partnership intends to refocus its efforts on the core of its business, which is exactly what it needs to do.\u201d<\/p>\n<\/div>\n


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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Former Tesco boss and grocery retail veteran Jason Tarry is to succeed Dame Sharon White as the new chair of the John Lewis Partnership. It comes just a…<\/p>\n

Read More “John Lewis announces new chair to replace Sharon White”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":1609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.independent.co.uk\/2022\/03\/10\/08\/06145717-e2758773-4d4e-4cb0-9e70-510cd2188101.jpg?quality=75&width=1200&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-1608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nJohn Lewis announces new chair to replace Sharon White - Breaking News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ventil.rs\/blog\/business\/john-lewis-announces-new-chair-to-replace-sharon-white\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"John Lewis announces new chair to replace Sharon White\" \/>\n<meta property=\"og:description\" content=\"For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Former Tesco boss and grocery retail veteran Jason Tarry is to succeed Dame Sharon White as the new chair of the John Lewis Partnership. 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