M&S announce new CEO Marc Boland
Marks & Spencer Group's new chief executive Marc Bolland is "looking forward to working with Stuart and the M&S team."
11 December 2009 | 0
Last month Marks and Spencer Group announced the appointment of Marc Bolland as its new chief executive. He will take up the position in the new year, joining the company from Morrisons where he was also chief executive.
As Bolland takes up his position as M&S’ new chief, Sir Stuart Rose will continue as part-time chairman to “ensure a smooth transition.” As previously announced, Rose will leave the company by July 2011. Commenting on his appointment, Bolland said: “M&S is one of the world’s great brands and I am very pleased to be given the opportunity to lead the company forward at this exciting stage. I am greatly looking forward to working closely with Stuart and the M&S team.”
Current M&S chairman, Sir Stuart Rose said: “I am delighted that Marc is to be M&S’ next chief executive. He brings a wealth of consumer marketing experience and has made a great success of his time at Morrisons. We very much look forward to welcoming him and working together.”