45GD Lewis (j)4.250%

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RNS Number : 3492O

Lewis(John) PLC

02 October 2023

John Lewis plc makes the following announcement for John Lewis Partnership plc, the ultimate holding company of John Lewis plc.

JOHN LEWIS PARTNERSHIP - UPDATE FROM THE CHAIRMAN

The Chairman of the John Lewis Partnership, Sharon White, has today asked the Partnership Board to initiate the process to appoint a successor as she enters the latter stages of her five-year term.

As part of the recruitment process, the Chairman has also asked the Board to review the accountabilities of the Chairman's role to ensure that these continue to support the successful transformation of the business.

Rita Clifton, as Deputy Chairman and Chairman of the Nominations Committee, will oversee the appointment process. As required by the Partnership's Constitution, the appointment will be approved by the Partnership Board.

Sharon White, Chairman of the John Lewis Partnership said: "The Chairman of the John Lewis Partnership is a special and unique role in UK business. The Chairman is responsible for the long-term health of the Partnership's model - commercial success twinned with a commitment to first rate customer service and action in our communities.

"Having led the Partnership through the pandemic and the worst of the cost of living crisis, it is important that there is now a smooth and orderly succession process and handover.

"The Partnership is making progress in its modernisation and transformation with improving results. There is a long road ahead and I am committed to handing on the strongest possible Partnership to my successor."

Note to Editors

The process to appoint the current Chairman was started in November 2018. The appointment of Sharon White was announced in June 2019 and she started the role in February 2020. Sharon White's five-year term as Chairman comes to an end in February 2025.

Media and analysts

Chris Wynn, Partner and Director of Communications

Tel: 07980 242 019

Email: chris.wynn@johnlewis.co.uk

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October 02, 2023 05:00 ET (09:00 GMT)

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