Andrew Jackson is to step down as chief executive of Mole Valley Farmers after 20 years and will be succeeded by current retail sales and operations director, Jack Cordery.

Over the last two decades, Mr Jackson has overseen significant development within the farmer-owned business, taking it from a mainly agricultural retail focused business to one that is now also a leading player in the ruminant feed sector.

During that time, the business has expanded nationally, with annual turnover increasing from around £65 million to nearly £500m.

Mr Jackson said: “It has been a privilege and honour to serve as CEO over the last 20 years. I have endeavoured to play a part – along with many colleagues old and new – to uphold and modernise our founding principles that have underpinned the progress of the company to the level it is today.

“I have very much enjoyed the opportunity of working with so many members of staff and shareholders who, like myself, remain committed to ensuring that the ethos of the company continues.”

Mr Cordery has been selected as new CEO by the Mole Valley Farmers board who have planned carefully with Mr Jackson for his succession and the eventual handover.

Mr Cordery has worked for the business for around 12 years and gained a broad understanding of both agricultural and retail elements, putting him in good stead to assume the position.

He has taken on the role of deputy CEO and will then assume the position of CEO on May 1.

Mr Cordery said: “I’m incredibly proud to be given this opportunity to lead the business and build on everything that Andrew has achieved. I’m passionate about our sense of purpose and potential to help improve profitability for our farmer members.”