Sainsbury’s finance chief John Rogers will take over the role after the takeover is complete.
John Walden will be stepping down from the leadership role of the group, and therefore Argos.
He commented: “The acquisition of the group by Sainsbury’s, together with the recent sale of the Homebase business, presents the opportunity for me to reassess the next stage in my career. I have huge affection for both Argos and the group.”
John Rogers, who will be stepping into the role, has been Sainsbury’s finance chief since 2010 and currently looks after finance, group strategy, business development, property and more.
John will be responsible for combining Sainsbury’s non-food business with Argos, and for the delivery of the ongoing digital transformation and performance of Home Retail Group.
He commented: “The combination of Sainsbury’s and Argos is an exciting one for customers, colleagues and shareholders. I’m delighted to have the opportunity to lead and work with the talented teams at HRG and to develop the business further as one of the UK’s leading retailers.”