The John Lewis Partnership has stated former Tesco UK boss Jason Tarry will turn into its subsequent chairman.
It comes after Dame Sharon White confirmed she would step down on the finish of her time period on the employee-owned agency, which runs the division retailer chain and Waitrose grocery store enterprise.
Mr Tarry, who was most lately UK & Eire chief government at Tesco for six years, will take over the management function in September.
Rita Clifton, deputy chairwoman and chairwoman of the nomination committee, stated: “The board extends its enormous because of Sharon for efficiently main the partnership by one of the crucial testing durations in its historical past – first Covid after which the cost-of-living disaster.
“She has confronted into the hardest choices and overseen the partnership’s monetary restoration.
“Because the partnership strikes into the following part of its modernisation centered on our core retail enterprise as nicely future progress, we’re assured that Jason will present the sort of inspirational management, a confirmed observe document in multi-channel, multi-category retail success and a powerful identification with partnership values that we’re in search of on this function.”
Outgoing John Lewis Partnership chairwoman Dame Sharon White stated: “I’m delighted to be handing over to Jason, who has a mix of incredible retail expertise with management by transformation.
“From my many conversations with Jason, he has demonstrated a transparent appreciation for the partnership mannequin and champions it.
“I look ahead to welcoming him to the partnership in September and finishing up a clean handover.”
Mr Tarry stated: “The partnership and its manufacturers stand for belief, worth, high quality and repair and it’s a terrific privilege to be succeeding Sharon because the seventh chairman.
“The partnership is exclusive and I’ve lengthy been an admirer of the employee-ownership mannequin, its values and partner-led customer support.
“This begins with a pointy deal with being sensible retailers for purchasers and investing in progress.”