Retailer Next today announced chairman John Barton will step down after 15 years with the company.
Barton has been on the board of the firm since 2002 and was appointed chairman in 2006. He will be succeeded by the Michael Roney when he retires on 1 August 2017.
Next said in a short market statement that Barton had made an "outstanding contribution" to the fortunes of the firm. "His leadership, experience and wise counsel have been tremendously valuable over that time," the firm added.
The 72-year-old previously was chairman of Cable and Wireless and a number of insurance firms including Brit and JLT.
Last year, shareholders of the firm registered their anger at the pay package the outgoing boss received, with over a quarter of investors voting against his salary.
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