John Lewis Partnership appoints new CFO
Andy Mounsey previously held the position of the Partnership’s Group Finance and Strategy director and has been with the business for 13 years in a number of senior finance roles
The John Lewis Partnership has announced that Andy Mounsey has been appointed as chief financial officer.
Mounsey will take up the permanent role with immediate effect, having held the CFO position on an interim basis since the autumn.
Mounsey, who previously held the position of the Partnership’s Group Finance and Strategy director, has been with the business for 13 years in a number of senior finance roles. A chartered accountant, he previously worked at EY for 12 years, where he advised large listed clients globally across the consumer sector.
Mounsey said: “I’m honored and excited to take on the role of chief financial officer 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.”
Jason Tarry, chairman of the Partnership, added: “Andy’s contribution as interim CFO 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.”
Mouson will also join the Partnership’s board with immediate effect.