Waitrose boss Mark Price is to leave the grocer and the John Lewis Partnership where he is deputy chairman.
According to Retail Week, Price, who has been with John Lewis Partnership for 33 years, will leave on April 3 next year.
Rob Collins, Waitrose’s retail director, will succeed Price. Collins has worked at the Partnership for 22 years.
Price said: “Leading Waitrose has been amazing and I feel blessed to have been given the opportunity; but I’ve always had in mind that ten years would be about the right length of time to do this. And so I’ve concluded that this is the moment to go and do other things in business, consultancy, writing and lecturing.
“In addition to continuing as deputy chairman of Channel 4, when I leave in April I shall be working with a major global firm to do client consultancy in the area of employee engagement and I have accepted several invitations to give guest lectures at business schools and universities. I am also writing a number of books.”
He added: “I’m very pleased that Rob Collins will become managing director and I will be working with him to ensure we have a smooth handover at the start of April.”