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Businessman John Barton has sadly passed away aged 77, the Guardian has reported.
British fashion chain Ted Baker (TED.L) on Monday said Chairman John Barton had died, and senior independent director Helena Feltham would take on the role of interim chairman with immediate effect.
In a brief statement, the London-listed retailer did not specify the cause of Barton’s death, but said it was sudden.
Barton was renowned for serving as chairman of British luxury clothing retail company Ted Baker and as former chairman of several other companies including budget airline easyJet and clothing, footwear and home products retailer Next.
He previously also served as chairman of rival fashion retailer Next Plc (NXT.L) and was senior independent director at WH Smith (SMWH.L) and SSP Group (SSPG.L).
Following the news of his passing, we take a look back on John Barton’s career and explore his net worth.
Ted Baker chairman and former easyJet and Next chair John Barton has sadly passed away at the age of 77.
Luxury clothing retailer Ted Baker announced the news of Barton’s passing, stating only that he died suddenly.
Ted Baker chief executive Rachel Osborne added: “John was a source of great wisdom for me and for so many of us at Ted Baker. We will hugely miss his support and guidance.
“Our thoughts and deepest sympathies are with his wife, Anne, and their family.”
Before setting off on his many business ventures, Barton achieved an MBA at the University of Strathclyde.
John Barton, chairman of Ted Baker, has died, the company said on Monday.
He was named as chairman of the Ted Baker board last year.https://t.co/ALqqjRjbES
— GB News (@GBNEWS) December 6, 2021
As per the Mirror, John Barton was tied the wedding knot to his wife Anne Barton. Though they never disclosed much about their wedded life to their followers and admirers or on the web as of now.
They have kept much detail about their wedding information away from the web as well, but they could have been wedded for many years or even decades until the demise of John.
Details about the family of Barton have also not come to the fore at present, but they may be shattered after knowing the tragic news of his death. His children might be mourning his demise.
The actual cause of his sudden demise is not known yet. As per Independent, his firm disclosed the death of John as sudden but did not mention any further information on his death. The death cause of Barton could be his old age as he was 77 years old at the time of his demise. His death news was informed on Monday, 6th December 2021.
The Guardian reports the 77-year-old stood down as chairman of easyJet last week, after almost nine years at the airline. Wallmine reports John Barton’s total compensation after leaving easyJet stood at £297,000. Answer estimates his total net worth at £5 million. However, we must stress that this is merely an estimate based on his earnings as an executive over the years.
As well as his chairmanship of Ted Baker and easyJet, the businessman spent 15 years on the board of fashion retailer Next until his retirement from the position in 2017.
During his highly successful career, John Barton also served as chairman of insurers Catlin, and telecommunications company Cable & Wireless Worldwide.
Following the news of John Barton’s passing, those who knew the late businessman paid tribute to him.
Simon Wolfson, chief executive of Next, shared: “John was a wonderful, wise and deeply perceptive man whose calm good sense was rarely too far ahead of his wry sense of humour.
“Hard-working and never afraid to speak his mind, John’s moral courage, humility and resilience served Next well in both the best and worst of times. He held the respect and deep affection of those around him. I will miss him, as will his many friends at Next.”
EasyJet chief executive Johan Lundgren stated: “I am truly shocked and extremely saddened to hear of John’s passing. I was very fortunate to have worked closely with him over the years and benefited greatly from his wise counsel.
“He was a man of huge integrity who was very much liked and respected by everyone across the airline. On behalf of all of his former colleagues at easyJet, we send our heartfelt sympathies to John’s family at this time. He will be greatly missed.”
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