Out-going Waitrose boss to join Cabinet Office board as non-exec director
Mark Price, the out-going managing director of up-market grocer Waitrose, is set to join the Cabinet Office board as a non-executive director.
Price shocked the industry when he announced he would be stepping down from his role at Waitrose and deputy chairman of the John Lewis Partnership after 33 years with the company just last month.
He is scheduled to take up the government job in December, but will continue with his duties at Waitrose until April.
When Price resigned last month, he was tipped to take over as head of Channel 4 when Lord Burns, the current chairman, steps down.
The broadcaster could be in line for a £1bn privatisation within the next few years.
Rob Collins, Waitrose’s current retail director, will take up the role of MD when Price leaves to role next year.