Lidl will part company with chairman Karl-Heinz Holland next week over “differing views concerning the future strategy of the business”, the company has said.

It confirmed that head of buying and marketing Dawid Jaschok is also leaving in the company, which is based in Neckarsulm in southern Germany.

Holland has been with the retailer for over 23 years, including 12 years on its board and five years as chairman. Before taking over as chairman he was head of buying.

The move follows a highly successful period for Lidl, including in the UK where it and rival Aldi have succeeded in taking major market share from the ‘big four’ grocers. Its market share is currently 3.2%, compared with Aldi’s 4.3%. Lidl currently has 600 UK stores with more than 10,000 stores in total, and is rumoured to be eyeing the US as the next market for expansion.