John Lewis Scraps CEO Role Amid Leadership Restructure
New Chairman Jason Tarry to lead John Lewis Partnership's executive team as Nish Kankiwala steps back to advisory role.
Overview
- Nish Kankiwala, John Lewis's first chief executive, will step down in March 2025, transitioning to a non-executive director role.
- Jason Tarry, the new chairman, will assume all executive responsibilities, eliminating the CEO position.
- Dame Sharon White, the former chair, had created the CEO role in early 2023 to navigate a major transformation.
- Tarry's leadership aims to continue the turnaround strategy, focusing on retail and improving financial performance.
- John Lewis recently reported reduced losses and reinstated its 'never knowingly undersold' price pledge.