The John Lewis Partnership has appointed a new chief financial officer.
The Partnership, which runs the John Lewis department stores and the Waitrose grocery businesses, said that Andy Mounsey—who has held the position on an interim bases since last autumn, will take it on permanently.
John Lewis Partnership chair Jason Tarry said: “Andy’s contribution as interim chief financial officer has been invaluable, and it’s great to have him as part of the team. His deep understanding of the Partnership and the retail sector, combined with his extensive experience in various senior finance roles, makes him ideal for this position.
“I’m confident that Andy’s leadership will be instrumental in driving our financial strategy and ensuring the long-term success of the Partnership.”
Mounsey said: “I’m honoured and excited to take on the role at such a transformative time for the Partnership. We’re seeing solid progress in our key financial metrics and continued improvements in customer sentiment.
“The Partnership is in strong financial health and stepping up investment this year for customers and Partners. I look forward to working with the entire team to build on this progress and ensure the long-term financial strength of our unique business.”
Mounsey, who was previously group finance and strategy director, has been with the Partnership for 13 years in a variety of finance roles.
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