Dame Sharon White's decision not to seek a second term follows the emergence of additional hurdles in the company's efforts to return to sustainable profitability.
The chairman of the John Lewis Partnership will leave the business next year, it has been announced, just weeks after it warned of a two-year extension to its turnaround plan.The decision means her tenure will be the shortest in the firm's history., 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."Sept: White explains transformation plan Dame Sharon said on Monday:"Having led the partnership through the pandemic and the worst of the cost of living crisis, it is important that there is now a smooth and orderly succession process and handover."There is a long road ahead and I am committed to handing on the strongest possible partnership to my successor."
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