Former Tesco Boss To Take Over As Chair At John Lewis Partnership [Forbes]
TESCO PLC S/ADR (TSCDY)
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Source: Forbes
venerable retail titans has opted for what appears the safest of hands for the next stage of its history. U.K. department store and grocery group John Lewis Partnership has announced that the former domestic boss of Britain's biggest retailer, Tesco, will become its next chairman. Jason Tarry will take up his new role in September, replacing Dame Sharon White who confirmed last year that she would be standing down at the end of her term, amid growing concern at the lack of direction at the retail group, which is often thought of as a bellwether retailer. Tarry will become only the seventh chair of John Lewis and in taking over from White – the first woman to lead John Lewis – it means that she will be the shortest-serving boss in the partnership's near 100-year history thanks to her decision, last Fall, to step away after just five years at the helm. For his part, Tarry had worked at Tesco for more than 33 years, with his most recent role being chief executive of the supermark
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