Kitchen and bedroom manufacturer and retailer John Lewis of Hungerford has announced the appointment of Kiran Noonan as its new managing director.
Kiran, who takes up the role from 3 October 2016, will replace Jon Rosby, who will step down from the position on 30 September 2016 after leading the company for the past decade.
Jon, who has been an influential factor behind the businesses development, will support Kiran in her role to ensure the smooth transition of responsibilities and will officially exit the company on 31 December 2016.
Commenting on the board change, chairman Ken McNaught said: “On behalf of the whole Board I would like to express appreciation for what Jon has achieved during his time with the business.
“Latterly, the changes he has implemented to our operating structure have reduced our underlying cost base significantly and leave us better positioned to drive returns for shareholders from the sales growth secured in recent years.
“The Board believe the new streamlined management structure will be an important factor as we seek to return the business to profitability in 2017.”