Sainsbury’s has announced that TV news reader Anna Ford is standing down as a non-executive director and will leave the board at the end of December.
As previously announced, Bob Stack, non-executive director, will step down from the board at the conclusion of this week’s annual general meeting. A search is under way for a new non-executive director to join the Sainsbury’s board.
Mary Harris, who has been a non-executive director of Sainsbury’s since 2007, will succeed Stack as chairman of the Remuneration Committee. John McAdam will join the Remuneration Committee as the third independent non-executive director on the committee.
David Tyler, Sainsbury chairman, said: “I would like to thank Anna for her outstanding contribution since her appointment in May 2006, both as a valued member of the board and as chairman of our Corporate Responsibility Committee. During her tenure, Corporate Responsibility has become an integral part of the company’s business and is key to achieving our vision to be the most trusted retailer where people love to work and shop. We have benefited tremendously from Anna’s broad experience and skills.”
Ford said: “I have thoroughly enjoyed my time on the Sainsbury’s board, and in particular the opportunity to serve as chairman of the CR Committee since January 2007. It has been a pleasure to have been part of one of the UK’s most successful companies and I leave knowing that Sainsbury’s is not only well positioned for further success, but that it has an outstanding reputation for sustainability, demonstrating the value of values.”
A search will be conducted for a new non-executive director to join the Sainsbury’s Board to replace Anna after her departure.