21st Mar 2006 09:00
Sainsbury(J) PLC21 March 2006 21 March 2006 J Sainsbury plc: change to operating board Sainsbury's today announces a change to its operating board. Tim Pile, chiefexecutive officer of Sainsbury's Bank plc, has agreed to step down from his rolewith immediate effect. Jim Kinloch, currently Finance Director, will manageSainsbury's Bank in the interim, until a successor is announced. Jim willreport to Darren Shapland, chief financial officer of Sainsbury's, who will takeon operating board responsibility for Sainsbury's Bank. Justin King, chief executive of Sainsbury's said "Tim has been with the Bank formore than four years, and has led us through a period of enormous change. Asthe Bank continues to grow we believe it is now the right time to look for newleadership." Enquiries:Investor relations Media+44 (0) 20 7695 7162 +44 (0) 20 7695 6127Lynda Ashton Pip Wood This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sainsbury's