Gifts Today magazine

Waitrose chief Mark Price to step down

Mark Price, Waitrose’s managing director and deputy chairman of the John Lewis Partnership, is to leave the company.

There is a rumor that Mr Price wants to apply for the job of chairman of Channel 4.

He is already deputy chairman at the broadcaster and Lord Burns, the current chairman, is due to retire shortly.

In a statement, Mr Price said he was at "the start of developing" his plans.

Waitrose's retail director Rob Collins will succeed Mr Price at the supermarket.

Mr Price has been at the head of Waitrose for nine years and said he "always had in mind that 10 years would be about the right length of time" before stepping down.

"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," Mr Price said.

He has worked for the John Lewis Partnership, which owns Waitrose, for 33 years.

Social Links