Peter Blakemore of the Spar Food Distributors Board said: “Jerry has a desire to move on to seek new challenges and we have been working with him to map out a process which would ensure a smooth transition.
“Thanks to Jerry and his team we have a strong business model and are trading successfully in a competitive market and at the moment the focus of the board and Jerry is on ensuring that we continue in this way.”
Marwood said: “I still have a number of exciting business initiatives to implement, a replacement to find and a hand over to complete all of which will take some time. Until then it’s business as usual.”
Spar has around 2,100 licensed stores, more than any other off-licence retailer in the UK.