The John Lewis Partnership is pleased to announce the appointment of Jason Tarry as its seventh Chairman following Sharon White's decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

Rita Clifton, Deputy Chairman and Chair of the Nomination Committee, said: 'The Board extends its huge thanks to Sharon for successfully leading the Partnership through one of the most testing periods in its history - first Covid and then the cost of living crisis. She has faced into the toughest decisions and overseen the Partnership's financial recovery; we are in good financial health with a return to profit, and have a strong balance sheet with record investment planned this year. Sharon has also helped ensure that employee ownership of the Partnership is secure, is demonstrably focused on its purpose as a force for good and with an open and inclusive culture.

'As the Partnership moves into the next phase of its modernisation focused on our core retail business as well 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. Jason has impressed everyone throughout the interview process with his warmth, his belief in the Partnership's ideals and democratic principles and his appreciation for our unique and special brands.'

Sharon White, Chairman of the John Lewis Partnership, said: 'I'm delighted to be handing over to Jason, who has a combination of fantastic retail experience with leadership through transformation. From 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.

'I also want to thank Partners for their commitment and hard work; it's been a huge privilege to be Chairman and I'm proud of what everyone has achieved. We've built the foundations for a stronger Partnership and I'm confident that Jason will take it from strength to strength.'

Jason Tarry, Chairman designate, said: 'The Partnership and its brands stand for trust, value, quality and service and it's a great privilege to be succeeding Sharon as the seventh Chairman. The Partnership is unique and I've 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. I'm looking forward to working with the Board, Nish and the Executive Team to deliver its clear strategy.'

The Board has decided that, at this critical point in the Partnership's transformation, the time commitment, term and remuneration of the Chairman's role will remain unchanged.

Jason is very supportive of our strategy and is looking forward to working closely with Nish Kankiwala, the Partnership's CEO.

Contact Details:

For media enquiries, please contact: pressoffice@johnlewis.co.uk or 01344 825080

About the John Lewis Partnership

The John Lewis Partnership owns and operates two of Britain's best-loved retail brands - John Lewis and Waitrose. Started as a radical experiment over a century ago, the Partnership is now the largest employee-owned business in the UK, with over 74,000 employees who are all Partners in the business. The Partnership is purpose-driven, existing to create a fairer and more sustainable future for our Partners, customers, suppliers and communities. Our Purpose not only inspires our principles, drives our decisions and acts as our guide to be a force for good, it steers us to do things differently and better - all in service of creating a happier world for everyone and everything we touch.

(C) 2024 Electronic News Publishing, source ENP Newswire