2024 witnessed significant changes in the retail world with notable hirings and departures.
- Allan Leighton returned to Asda as executive chair to spearhead its recovery.
- Jason Tarry took over the helm at John Lewis Partnership, bringing fresh strategies.
- Jo Whitfield stepped down from Matalan while pursuing a portfolio career.
- Mohsin Issa reduced his role at Asda to focus on EG Group.
This year has seen Allan Leighton make a significant return to Asda as executive chair, aiming to lead its recovery and restore its core values. Leighton plans to take ‘three to five years’ to achieve this, focusing on price, availability, and leadership changes, including appointing a new CEO.
Jason Tarry, a seasoned Tesco veteran, stepped into the role of chair at John Lewis Partnership to guide the company through its modernisation and recovery phases post-pandemic. Tarry’s experience in revitalising businesses is expected to benefit the company.
In a notable exit, Jo Whitfield departed from Matalan after making significant progress in stabilizing the retailer and improving profitability. She left to pursue broader career interests, leaving the Matalan board in search of a new CEO.
In a strategic shift, Mohsin Issa decided to step back from his executive role at Asda to concentrate on his leadership at EG Group. This decision came after extensive developments and challenges faced under Issa’s co-ownership at Asda.
Additional significant changes include the promotion of Anthony Hemmerdinger to CEO of Boots and Joshua Schulman’s appointment as CEO of Burberry, both expected to lead strategic growth efforts within their companies.
The year 2024 has been transformative for the retail industry, marked by strategic leadership changes poised to shape future growth.
