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John Lewis seek new chairman

Appointment ‘key responsibility’ as Sir Charlie Mayfield will step down in 2020

 

THE John Lewis Partnership have begun the search for a successor to chairman Sir Charlie Mayfield following the announcement today, Wednesday, November 7, that he will step down in 2020.

The parent company of upmarket grocers Waitrose and the eponymous department store chain John Lewis expect it will be the second half of 2019 when they announce only the sixth chairman since the partnership was established in 1928.
“Although my departure is still a considerable way off, the appointment of my successor is a key responsibility,” Sir Charlie (pictured) said, “it is for this reason I have decided to lay out the timetable now to enable an open and thorough process to select the next chairman of the partnership.”
The company are the largest employee-owned business in the UK with 83,000 employees who are all partners and share in the profits.
John Lewis Partnership said the process for selecting a new chairman has been “extensively modernised” and will be overseen by a nominations committee, comprising two elected directors, two independent non-executive directors and the chairman.
The committee is chaired by deputy chairman Keith Williams and supported by independent recruitment consultants, who will be considering both internal and external candidates.



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