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Evening Standard
Evening Standard
National
Luke O'Reilly

Managing director of John Lewis Paula Nickolds quits

Undated handout photo issued by John Lewis of Paula Nickolds who has been appointed as their new managing director, becoming the first woman in the role in the department store chain's 152-year history. PRESS ASSOCIATION Photo. Issue date: Tuesday October 25, 2016. Ms Nickolds has been promoted from her current role as commercial director and replaces long-serving boss Andy Street, who stepped down after joining the West Midlands mayoral race on a Conservative Party ticket. See PA story CITY JohnLewis. Photo credit should read: Greg Funnell/PA Wire NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder. (Picture: PA)

The managing director of John Lewis, Paula Nickolds, has quit the department store chain, the company has announced.

It follows the resignation of Waitrose's managing director Rob Collins last October after John Lewis partnership announced a £100m restructuring plan involving the removal of 75 of 225 senior management head office positions.

At the time the partnership had three operating boards, one for John Lewis, one for Waitrose and one for the partnership.

As part of the restructuring they would be merged into a single executive operating across the partnership.

Paula Nickolds had been given a new over-arching role across both brands.

She was the first female managing director of John Lewis in the department store chain's 152 year history.

However, she is now set to leave the role in February, when the full restructuring plan is implemented.

John Lewis said: "After some reflection on the responsibilities of her proposed new role, we have decided together that the implementation of the future partnership structure in February is the right time for her to move on."

In 2018 the annual bonus to the 81,500 employees was cut for the sixth year in succession to just three per cent, the lowest since 1954.

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