Sainsbury’s to promote John Rogers to chief executive of Home Retail Group
Sainsbury’s has announced plans to promote its chief financial officer John Rogers to the role of chief executive of Home Retail Group on completion of the supermarket’s acquisition of the business.
Rogers will replace HRG’s current chief executive John Walden who will be stepping down from HRG at the same time. Completion of the proposed transaction is expected to take place in the third quarter of this year.
In his new role Rogers will have responsibility for combining Sainsbury’s non-food business with Argos, and for the delivery of the ongoing digital transformation and performance of HRG. Reporting to Sainsbury’s chief executive Mike Coupe, he will remain a member of the Sainsbury’s group operating board and the J Sainsbury board.
Rogers has been chief financial officer of Sainsbury’s since 2010 and currently has responsibility for finance, group strategy, Sainsbury’s online, business development, procurement, property and Sainsbury’s Bank.
Coupe said: “I am delighted to appoint John as chief executive of HRG upon completion of our proposed acquisition of the business. John is a highly talented member of the team and has played a major role in delivering our performance and strategy at Sainsbury’s. John’s expertise goes beyond his finance role; his leadership expertise in strategy, digital, online and property make John the ideal candidate to lead HRG and ensure we deliver our ambition to be the leading multi-channel, multi-product retailer of choice for customers.”
Ed Barker, Sainsbury’s group finance director, will be appointed chief financial officer of Sainsbury’s on an interim basis from the same date. Barker joined Sainsbury’s in 2008 from Burberry and was appointed group finance director in March 2012.
