...nted to the Partnership’s Central Board as Director of Research & Expansion and took charge of the Partnership’s development programme. The Deputy Chairmanship was added to his Partnership responsibilities in May 1989, and he became the fourth Chairman of the Partnership in 1993.
During those 14 years at the helm of JLP Sir Stuart presided over a courageous programme of modernisation, and all without sacrificing the partnership ethos and principles that were embodied in its 1929 constitution co-ownership and the happiness of its staff. His 14 years as chairman saw steady expansion, the refurbishment of the Oxford Street and Sloane Square department stores, the extension of trading hours, the expansion of the product range and the establishment of an online presence through John Lewis Direct and Ocado, the home-delivery grocery service.
The partnership's 2006 results, announced shortly before Sir Stuart's departure at the end of March 2007, are a testament to his efforts. Pre-tax profits hit a new high of £319m, up 27 per cent on the previous year, and the 68,000 staff -- or “partners” -- shared a bonus of £155m, up 29 per cent from 2005 and equivalent to 18 per cent of salaries. The fact that John Lewis continues to outperform the market is a direct result of its partnership structure, says Sir Stuart. “Our success comes from a host of improvements made by 68,000 people who are motivated to deliver outstanding customer service, which translates into profits that feed back to staff”, he says. “It's a virtuous circle”.
A founding deputy chairman of London First and past President of the Royal Agricultural Society of England (2005/06), he is President of the Employee Ownership Association and continues to champion the benefits of employee engagement in business. Sir Stuart chaired the team tackling Economic Renewal in deprived communities, and he is one of the Prince of Wales's Ambassadors in this area. He has been a member of the Corporate Leaders Group pressing the government for stronger action on climate change.
Sir Stuart Hampson is Chairman of The Crown Estate which manages a portfolio of over £6 billion, including over 400 commercial properties in London and elsewhere, almost 146,000 hectares of agricultural land, forests, residential and commercial property in England, Scotland and Wales, over half of the UK's foreshore, together with the seabed out to the 12-nautical-mile territorial limit.
As owners, managers and guardians of one of the world's most important and diverse urban, rural and marine property portfolios, The Crown Estate's work is underpinned by the three core values of Commercialism, Integrity and Stewardship.