New John Lewis chairman to replace Dame Sharon White [Yahoo! Finance]
TESCO PLC S/ADR (TSCDY)
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Source: Yahoo! Finance
The John Lewis Partnership, which runs the department store chain and Waitrose stores, said Jason Tarry, the former UK boss of Tesco, would be joining as its seventh chairman later this year, following a search which kicked off last October. Mr Tarry stepped down as Tesco's UK and Ireland chief executive last month after more than 33 years at the grocery giant. He had led Tesco's UK operations for six years and was credited for his critical role in steering the supermarket through the pandemic. When he stepped down, Tesco boss Ken Murphy said he had made the supermarket “the most competitive we have ever been”. Mr Tarry's appointment as John Lewis's next chairman comes as the partnership refocuses back on its core retail business , having shelved plans to rapidly shift away from the high street. Dame Sharon, commenting on her successor, said Mr Tarry has “fantastic retail experience with leadership through transformation”. She said she was confident that Mr Tarry would take
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