The chairman of the John Lewis Partnership will go away the enterprise subsequent 12 months, it has been introduced, simply weeks after it warned of a two-year extension to its turnaround plan.
The loss-making, employee-owned firm mentioned Dame Sharon White was not in search of a second time period.
The determination means her tenure would be the shortest within the agency’s historical past.
The partnership, which includes John Lewis shops and Waitrose supermarkets, mentioned in a press release: “The chairman of the John Lewis Partnership, Sharon White, has today asked the partnership board to initiate the process to appoint a successor as she enters the latter stages of her five-year term.
As part of the recruitment process, the chairman has also asked the board to review the accountabilities of the chairman’s role to ensure that these continue to support the successful transformation of the business.”
Her looming departure, first reported by the BBC, was revealed simply weeks after the partnership introduced that its transformation plan would take two extra years to finish than anticipated.
Dame Sharon mentioned on Monday: “Having led the partnership by way of the pandemic and the worst of the price of residing disaster, it is crucial that there’s now a clean and orderly succession course of and handover.
“The partnership is making progress in its modernisation and transformation with improving results.
“There is a protracted street forward and I’m dedicated to handing on the strongest doable partnership to my successor.”
Source: information.sky.com”