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Sainsbury appoints new non-executive director

Sainsbury appoints new non-executive director

In this episode we speak to Matt Dalton, consumer sector leader at Forvis Mazars. Matt discussed the biggest challenges facing the retail sector, from cost pressures and wage increases to polarised property markets and geopolitical shocks, and the ways in which retailers can best navigate these. We also explore how short-term cost-cutting could undermine long-term resilience, and how retailers can best remain agile and adaptable in unforecastable times.

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Sainsbury has announced that Jo Bertram will join the board as a non-executive director and member of the CR&S Committee following the annual general meeting on 7 July 2022.

According to the retailer, Bertram is currently managing director, business and wholesale, at Virgin Media O2 and prior to this held senior director and strategy roles at O2.

Between 2013 and 2017 she held the position of regional general manager, Northern Europe at Uber. Bertram has previously worked at McKinsey and Accenture and holds an MBA from INSEAD.

The appointment of Bertram will be subject to shareholder approval along with the re-election of all other directors at the AGM.

Additionally, Dame Susan Rice has notified the board that she will step down at Sainsbury’s AGM on 7 July after nine years’ service.

The retailer added that the board has appointed Brian Cassin, who has been a member of the Sainsbury board since April 2016, to replace Susan as senior independent director. With effect from 7 July 2022, Jo Harlow will become chair of the Remuneration Committee and Keith Weed will be appointed chair of the CR&S Committee.

Martin Scicluna, chairman of Sainsbury’s, said: “I am delighted to welcome Jo Bertram as a non-executive director. She is a highly talented strategic business leader whose broad experience in technology-led sectors will bring fresh perspective to the board.

“She has worked in growing, hi-tech sectors and I am confident this will benefit our customers as we explore new ways to use digital solutions to make shopping easy and convenient.”

He added: “She has significant experience leading transformation and change and this will be highly relevant to Sainsbury’s as we continue to adapt at pace to put food back at the heart of what we do.”

Bertram said: “Working in fast-paced, agile environments is something I enjoy so I am very pleased to be joining Sainsbury’s at such an exciting time.

“The Sainsbury’s brand is one I have always admired, and I look forward to bringing my experience to the business and working together with the Board to help drive forward the company’s digital and transformation agenda.”

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