Nish Kankiwala, CEO of John Lewis Partnership since March 2023, will transition to a non-executive role by March 2025. This decision follows significant advancements in the company’s transformation strategy.
- Kankiwala’s transition aims to ensure a smooth changeover as Jason Tarry steps up to chair the executive team and board.
- The CEO role will not be replaced directly, reflecting the evolved company structure and strategic changes.
- During his tenure, Kankiwala oversaw crucial transformations, enhancing cash flow and guiding the company back to profitability.
- His leadership period also marked a refreshed partnership strategy centered on retail, facilitating extensive investment for growth.
Nish Kankiwala, who assumed the role of CEO at John Lewis Partnership in March 2023, is set to move back to a non-executive position by March 2025. His transition aims to ensure a smooth overhaul as Jason Tarry takes on the dual responsibility of chairing both the executive team and the partnership board. This change comes amidst significant strategic evolutions within the company.
In a statement, John Lewis Partnership highlighted that the CEO role will not be directly replaced, signaling a shift in the company’s operating model. According to Kankiwala, his initial recruitment from a non-executive director to the CEO position was to expedite a critical phase of transformation for the partnership. He expressed satisfaction with the achievements during his leadership, including a revitalized partnership strategy anchored in retail, improved cash flows, and a return to full-year profitability.
Kankiwala articulated his pride in leading the company through intense change, crediting the accomplishments to the dedicated efforts of the partners. Tarry, expressing gratitude, acknowledged Kankiwala’s pivotal role in the company’s transformation over the past two years. His decision to remain as a non-executive board advisor underscores the value he continues to provide to John Lewis Partnership. The strategic changes, marked by significant advancements and growth, highlight the forward-thinking approach of the organization, setting a robust foundation for future developments.
Nish Kankiwala’s shift back to a non-executive role marks a significant transition for John Lewis Partnership, underpinned by strategic growth and transformation.
