Home / Knowledge / News / Textiles / Sir Stuart will continue to chair the M&S Board

Sir Stuart will continue to chair the M&S Board

19
Mar '10
Marks and Spencer Group plc (M&S) announces that Sir Stuart Rose, currently Executive Chairman, will become Chairman from 31 July 2010 on a salary of £875,000.

Sir Stuart will continue to chair the M&S Board and ensure a smooth transition for Marc Bolland when he joins the company as its new Chief Executive on 1 May 2010.

Sir Stuart will leave the company in March 2011. Headhunters have now been appointed to identify and recruit an independent Chairman.

Sir David Michels, Deputy Chairman of Marks & Spencer, said, “The Board has set out this process to ensure a smooth transition over the coming months and enable Marc to draw on Stuart's considerable experience.

“We are pleased to be moving into the final stage of our commitment to split the roles and appoint an independent Chairman by March 2011.”

Marks & Spencer Inc


Must ReadView All

Pic: Shutterstock

Textiles | On 14th May 2021

European Commission upgrades EU growth outlook for 2021 & 2022

In its Spring 2021 Economic Forecast, the European Commission has...

Pic: Shutterstock

Textiles | On 14th May 2021

Global 2021-22 cotton consumption highest in 4 years: USDA

Record global cotton supply will drive higher consumption as recovery ...

Pic: Walmart

Retail | On 14th May 2021

Walmart to acquire virtual fitting room platform Zeekit

US retail giant Walmart is acquiring Zeekit, a female-founded,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

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

Leave your Comments


May 2021

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


Advanced Search