Published on November 7th, 2018 | by The GC Team0
John Lewis Partnership Chairman to step down
The John Lewis Partnership has begun the search for a successor to Sir Charlie Mayfield, who will step down as the Partnership’s fifth Chairman in 2020.
The new Chairman will be announced in the second half of 2019 and both internal and external candidates will be considered for the role, the company said.
Sir Charlie joined the Partnership in 2000 as Head of Business Development, responsible for business strategy and development for both John Lewis and Waitrose.
In 2001 he joined the Board as Development Director and was responsible for developing the Partnership’s online strategy. He became Managing Director of John Lewis in January 2005 before taking up his appointment as Chairman of the Partnership in March 2007.
The announcement comes as the company is facing what Sir Charlie recently described as “challenging times in retail.” In September it reported profits down by almost 99% for the first-half of the year. The fall was driven mainly by John Lewis & Partners, where the commitment to maintain price competitiveness was the dominant factor.
Commenting on his forthcoming exit, Sir Charlie 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 of the Partnership.”