Sir Jon Thompson is poised to become chairman of the Frasers Group in 2025, following his recent appointment as a non-executive director.
- Thompson will succeed David Daly, although the appointment is not yet confirmed.
- Thompson has a history of leadership in significant roles, including his tenure as chair of HS2 and CEO of the Financial Reporting Council.
- He has established a positive working relationship with Frasers’ leadership, including CEO Michael Murray.
- Thompson’s experience spans several senior finance roles in the UK government, showcasing an extensive background in public service.
Sir Jon Thompson, recently appointed as a non-executive director of Frasers Group, is anticipated to step into the role of chairman by 2025. This upcoming transition will mark the end of David Daly’s tenure. However, reports indicate that the appointment is yet to be officially finalised.
Overseeing major projects and driving change have been cornerstones of Thompson’s career. Previously, he has served as the chair of high-speed railway HS2 since 2023 and was the CEO of the Financial Reporting Council from 2019 to 2023. His leadership capabilities were also evident during his time as the CEO of HMRC from 2016 to 2019.
Thompson’s professional relationship with Frasers Group founder Mike Ashley and current CEO Michael Murray is reportedly strong, suggesting a smooth transition into his prospective new role.
His extensive career in public service is underscored by roles such as the permanent secretary of the Ministry of Defence from 2012 to 2016, and earlier positions including the Director General of Finance at the Ministry of Defence, Director General of Corporate Services at the Department for Education, and Finance Director of Ofsted.
Thompson’s vast experience reflects a deep understanding and involvement in both finance and operational roles within the UK government, preparing him well for the leadership requirements at Frasers Group.
Sir Jon Thompson’s anticipated appointment as chairman of Frasers Group underscores his extensive leadership experience and promising future contributions to the company.
