Company Announcements

12 February 2020

Directorate Change - Sainsbury's Bank

Sainsbury's Bank succession planning for new Chairman as Roger Davis plans to step down

Roger Davis, Chair of the Sainsbury's Bank Board, has notified the Board that he intends to step down. A search to find his replacement will begin and a further announcement regarding timings of his retirement and news of his successor will be made in due course.

Roger Davis has been Chair of the Sainsbury's Bank Board for nearly seven years. He was appointed in May 2013 when Sainsbury's Bank became wholly owned by Sainsbury's and established its own regulated governance structure.

Enquiries

Investor Relations: James Collins +44 (0) 20 7695 0080     

Media: Rebecca Reilly +44 (0) 20 7695 7295

About Sainsbury's

Helping our customers get the most out of life has been at the heart of what we do since 1869 and we achieve this by offering our customers easy, affordable access to the things they need, like healthy food, quality clothes, stylish homewares, the latest technology and more ways to manage their money. We do all of this sustainably, so we can help our customers live well for less today and tomorrow.

We are a leading multi brand, multi channel retailer, with a growing online and digital business, fast, convenient delivery capability and a structurally advantaged store estate of over 1,400 Sainsbury's supermarkets and convenience stores and almost 900 Argos stores in stand-alone and supermarket locations. The Habitat brand is available in 16 locations and online.

We employ 178,000 colleagues who are integral to our success, now and in the future.