Home / Knowledge / News / Apparel/Garments / Marks & Spencer revamps executive team's responsibilities
Marks & Spencer revamps executive team's responsibilities
01
Jul '14
Marks & Spencer announces a number of changes to its Executive Team’s responsibilities that will see UK Retail & M&S International represented at Board level for the first time.
 
The changes are part of M&S’s aim to drive greater accountability and responsibility across the business and will start with accountability for strategic areas of the business being delegated across the Executive Team.
 
To ensure one view of the customer, Laura Wade-Gery, Executive Director, Multi-Channel, assumes responsibility for UK Retail, in addition to her current M&S.com remit. Sacha Berendji, Retail Director, will report into Laura.
 
In order to accelerate M&S’s global brand position, the International business will now report in to Patrick Bousquet-Chavanne alongside his current responsibilities as Executive Director, Marketing & Business Development. Costas Antimissaris, currently Business Development Director, International, is appointed International Director, reporting to Patrick.  Jan Heere, current International Director, is leaving the business to return to Russia. 
 
Steve Rowe, Executive Director, Food, and John Dixon, Executive Director, General Merchandise, will have operating profit responsibility for their respective trading areas, as will Laura and Patrick. 
 
Alan Stewart, Chief Finance Officer, adds Property to his responsibilities as part of his financial asset management role. Hugo Adams, currently Executive Assistant to Marc Bolland, is appointed Property Director, reporting in to Alan.   
 
Marc Bolland, M&S Chief Executive, said: “Over the last three years, we have worked hard to transform M&S into an International, Multi-channel retailer that is fit for the future of retail. We now have the right infrastructure in place to take our business forward, and as we enter the next phase of our plan, we need to make sure our team structures and internal processes allow us to move with pace, simplicity and speed.” 
 
Alongside the Executive Team changes, M&S has also announced an internal realignment of responsibilities to drive more accountability and responsibility across the organisation. Increased spans of control, streamlined processes, and a more collaborative way of working will combine to promote swifter decision making and a speedier response to customers’ needs. 
 
To support this, M&S has developed four core values built on the founding principles that have guided M&S’s business over the last 130 years. They support M&S’s new customer promise of ‘Enhancing lives. Every day’ and are: Inspiration, Innovation, Integrity and In-Touch.
 
All changes toExecutive responsibilities start with immediate effect and the new values and organisational changes will be implemented collaboratively over the coming months.
 

Marks & Spencer


Must ReadView All

Apparel/Garments | On 30th Apr 2016

Britain keen on new ventures in textiles and garment

British High Commissioner to India Sir Dominic Asquith, has said that ...

Apparel/Garments | On 30th Apr 2016

‘India’s apparel sector needs to revisit policies’

Apparel Export Promotion Council (AEPC)’s Additional Secretary...

Textiles | On 30th Apr 2016

Bangladesh spinners wary of another gas price hike

Bangladeshi cotton spinners have expressed concern that they may lose ...

Interviews View All

Munir Ahmed
M&J Group

How is the market for readymade garments faring in Bangladesh? Is the...

Jurgen Gauger
Spreadshirt

How is the market for personalised prints on garment shaping up? What are...

Gaurav Poddar
Siyaram Silk Mills Ltd.

How do you foresee the prospects of Indian apparel market in 2014? Kindly...

Mr. Yogesh Agrawal
Shri Ambica Polymer Pvt. Ltd.

Mr. Yogesh Agrawal started Shri Ambica Polymer Pvt. Ltd. in the year 2005. ...

Johan Berlin
InvestKonsult Sweden AB

<i><b>Investkonsult Sweden AB has been buying and selling second-hand...

Kevin Nelson
TissueGen

<b><i>Kevin Nelson, Chief Scientific Officer, TissueGen discusses the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


<%@ language="VBScript" %>
feedback
We would love to hear from you about your experience using the new interface. A quick review of yours would help us give you a better experience.
Advanced Search