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Sainsbury's names new chairman to replace David Tyler

UK grocer Sainsbury’s has named Martin Scicluna as its new chairman with David Tyler set to step down at the end of the financial year.

Current RSA Insurance chairman Scicluna will join the board as chairman-designate and non-executive director from 1 November before assuming the full role from the beginning of the next financial year in March 2019. He will work closely with Tyler in the interim period as part of a five-month handover process. 

Sainsbury’s announced in April that it had started a search for a new chairman, led by senior independent director Susan Rice and the nomination committee, with Tyler approaching nine years in the role. 
 
Rice said: “David has been an outstanding steward of Sainsbury’s during his time as chairman, providing invaluable strategic counsel and guidance, including on the acquisition of Home Retail Group and the proposed combination of Sainsbury’s and Asda.

“We are grateful for his substantive and important ongoing contribution. Martin brings a breadth of experience and leadership and we look forward to welcoming him to the Sainsbury’s board at this pivotal time for the business.”

In addition to his role at RSA Insurance, Scicluna is chairman of Great Portland Estates. Previous board-level positions include his time as senior independent director and chair of Worldpay’s audit committee, and a period as non-executive director and audit committee chair at Lloyds Banking Group.

He was chairman of Deloitte and a partner at the organisation for 26 years, serving retail clients including Dixons, WHSmith and Cadbury’s. 

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