John Lewis managing director Peter Ruis quits job after less than three years
Surprise departure comes after department store chain’s chair warned of ‘really tough trading conditions’ Business live – latest updates The managing director of John Lewis has quit the job after less than three years in charge of the British department store chain, as the company faces “really tough” trading conditions. Peter Ruis will leave the business in order to “pursue new projects”, John…
Peter Ruis, the managing director of John Lewis, has abruptly resigned his position after just under three years at the company. This unexpected departure comes as the department store chain faces "really tough" trading conditions, according to its chair Jason Tarry. John Lewis announced that Ruis will be replaced by Will Kernan, a non-executive board member.
Kernan expressed confidence in the company's growth potential and pledged to lead the team to maintain John Lewis as the UK's most trusted and loved retailer. Tarry praised Ruis for his contributions, noting his energy and pace in the company's transformation.
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