Sainsbury(J) PLC Changes to PLC Board and Operating Board (1983R)
June 25 2015 - 04:00AM
UK Regulatory
TIDMSBRY
RNS Number : 1983R
Sainsbury(J) PLC
25 June 2015
25 June 2015
J SAINSBURY PLC ANNOUNCES CHANGES TO PLC BOARD AND OPERATING
BOARD
J Sainsbury plc is today announcing changes to positions on the
plc Board and Operating Board.
John Rogers, Chief Financial Officer, will expand his role to
include Business Development. Helen Buck, who previously had
responsibility for this area, will be stepping down from the
Operating Board on 31 July.
In his expanded role, John will have responsibility for group
strategy, Sainsbury's online, Mobile by Sainsbury's, Sainsbury's
Energy, Netto and new business in addition to his existing
responsibilities of finance, property, procurement, operational
efficiency and Sainsbury's Bank.
Commenting on the changes, David Tyler, Chairman, said "I am
delighted to see John assume a wider role in the business. His
contribution since joining the plc Board in 2010 has been
invaluable, and it is a natural progression to see John take on
expanded operational responsibilities. Mike and John have formed a
great partnership and, alongside our wider management team, we
think we have the right people in place to drive the business
forward over the coming years."
Mike Coupe, Chief Executive, said "John is a key member of the
executive team and will play a major operational and strategic role
in driving forward our business in his expanded role. In particular
Sainsbury's online is a key component of growth in both our food
and non-food businesses and I look forward to John's contribution
in this area. I would like to thank Helen for all her hard work
since she joined the Operating Board back in 2010 and wish her
every success in her new role."
The changes will come into effect on 31st July 2015.
Notes to Editors:
1. John Rogers was appointed Chief Financial Officer on 19 July
2010. John is also a member of the Board of Sainsbury's Bank plc.
John joined Sainsbury's in November 2005 as Director of Corporate
Finance and then became Director of Group Finance from March 2007
to July 2008. In July 2008, he was appointed to the Operating Board
as Property Director. John is co-chair of the Chief Financial
Officer Leadership Network, established by the Accounting for
Sustainability (A4S) Project founded by HRH The Prince of Wales and
is a Non-Executive Director of Travis Perkins plc. John will join
the boards of Mobile by Sainsbury's and i2c as part of his new
role. To reflect his increased portfolio, John's base salary will
be increased to GBP675,000. All other elements of his remuneration
package will remain unchanged.
2. Helen Buck leaves Sainsbury's on 31st July to join Palmer and
Harvey as Chief Operating Officer. John Rogers will assume all of
Helen's responsibilities and there will be no additional changes to
the Operating Board as a result of this move.
Investor enquiries Media enquiries
Duncan Cooper 020 7695 4740 Rebecca Reilly 020 7695 7295
This information is provided by RNS
The company news service from the London Stock Exchange
END
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