'Bit of a social club' | John Lewis culture overhaul predicted as new Chairman announced

A company culture overhaul could soon be underway at John Lewis Partnership following the announcement of its new chairman - according to a prominent business leader.

The partnership, which owns John Lewis and Waitrose stores, has appointed former Tesco executive Jason Tarry as its next chairman, following Sharon White's decision to step down from the retailer.

Tarry, who has 33 years of retail experience at Tesco including six as the supermarket's UK & Ireland boss, will take up the role in September, John Lewis said.

Tarry said it was a "great privilege" to succeed White as the seventh chairman of the employee-owned company.