The new chairman will be announced in the second half of 2019. The retailer said the selection process has been ‘extensively modernised’ and will be overseen by a nominations committee, comprising two elected directors, two independent non-executive directors and the chairman.
The committee is chaired by deputy chairman Keith Williams and supported by independent recruitment consultants, who will be considering both internal and external candidates.
Sir Charlie Mayfield said: “Although my departure is still a considerable way off, the appointment of my successor is a key responsibility. It is for this reason I have decided to lay out the timetable now to enable an open and thorough process to select the next chairman.”
JLP owns and operates department store group John Lewis & Partners and supermarket chain Waitrose & Partners. The company has annual gross sales of over £11.5 billion, over 400 shops and an online business.
Sir Charlie Mayfield joined JLP in 2000 as head of business development, responsible for business strategy and development for both John Lewis and Waitrose. He joined the board as development director in 2001 and was responsible for developing the JLP’s online strategy. He became managing director of John Lewis in January 2005, prior to taking up his appointment as chairman in March 2007.
John Lewis Partnership chairman Sir Charlie Mayfield