Annual Report and Accounts 2016


John Lewis Partnership plc


91


In this section


Appointment of new Directors Chairman and Deputy Chairman


Succession planning and talent management Diversity and inclusion policy Induction, training and development Deputy Chairman of the Committee Committee evaluation


Appointment of new Directors The Chairman’s Nominations Committee oversees the process for selecting and recommending candidates for appointment as Executive Directors. During the year under review, the Committee oversaw the following appointments:


Group Finance Director


The Committee completed the search process for a new Group Finance Director following the resignation of Helen Weir on 1 December 2014, and the appointment of Loraine Woodhouse as Acting Group Finance Director with effect from the same date. The search included internal and external candidates and resulted in the appointment of Patrick Lewis, formerly Managing Director of Partnership Services Division, and a member of the Partnership Board since 2009, as Group Finance Director with effect from 14 September 2015.


The Committee was advised by Saxton Bampfylde as external search consultants to assist with the search for suitable candidates. Saxton Bampfylde completed no other work in support of the Committee.


Group Development Director


The Committee considered and endorsed the appointment of Tom Athron, formerly Finance Director of Waitrose, to the Board as Group Development Director with effect from 5 October 2015.


Managing Director, Waitrose


The Committee considered and approved both the approach to the selection process and proposal from the Chairman that Rob Collins, most recently Waitrose’s Retail Director, be appointed as successor to Mark Price as Managing Director of Waitrose with effect from 4 April 2016. The process involved external benchmarking and interviews with the Chairman, Group Finance Director and Deputy Chairman of the Committee. The Committee was satisfied with the selection process and that appropriate account had been taken by the Chairman of the Partnership’s senior succession plans.


The Committee was advised by Spencer Stuart as external search consultants with regards to key talent in the marketplace and provided executive assessment and benchmarking. Spencer Stuart conducted one other piece of search work for the Partnership for an appointment outside the remit of the Committee.


Chairman and Deputy Chairman A key role of the Committee delegated by the Board of John Lewis Partnership Trust Limited is to oversee the process of nominating and appointing the Chairman of John Lewis Partnership Trust Limited, who is the Chairman of the Partnership.


Under the Constitution and trust settlements, the Chairman does not have a fixed term of office and it is therefore up to him to decide when to step down. On his appointment in 2007, the Partnership Board set an expectation that Sir Charlie would serve for at least ten years. To avoid creating an arbitrary ten year term and to provide flexibility to plan for an orderly succession, the understanding was that this could be extended, provided the Chairman was willing to continue and the Partnership Board saw advantage in him doing so. There is also provision for a further extension, for a period of up to three years or longer if the Partnership Board agrees.


In a nutshell


A Nominations Committee is a standard Board committee, whose main role is to ensure the integrity of the nominating process for Partnership Board members.


It’s Your Voice


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