Retail group John Lewis has said that the former boss of Tesco’s UK business will become its next chairman.
Jason Tarry, who led Tesco’s UK and Ireland business for six years, will take up the role in September.
It comes after the current chair, Dame Sharon White, said last year that she would be standing down at the end of her term.
Mr Tarry said it was a “great privilege” to lead the company, which also runs Waitrose supermarkets.
He will become only the seventh chairman of the retail partnership, which is owned by its employees.
John Lewis has come under increasing pressure in recent years, leading it to report losses, close stores and cut jobs.
However, last month the group reported full-year profits of £56m compared with a £234m loss the year before.
Despite this, the partnership said it would not be paying a staff bonus for the second year in a row, which is only the third time it has not paid out such an award since 1953.
Rita Clifton, deputy chairman and chair of John Lewis’s 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.
