M&S clothing chief Kate Bostock steps down

“I would like to thank Kate for the significant contribution she has made to the company. We are both agreed that this is the right time for her to be moving on from Marks and Spencer and we wish her every success in the future.”

Robert Swannell, Chairman, said:

“The appointments announced today are part of our continuing programme to strengthen and broaden the range of skills and expertise that we have within our business. They combine the continuing development of some of our most talented people as well the addition of fresh expertise from outside. On behalf of all my Board colleagues I am delighted to be welcoming Steve Rowe to the Board and to express our appreciation for the significant contribution that Kate has made.”

Marks & Spencer (M&S)