Directorate Change

RNS Number : 4006L

Marks & Spencer Group PLC

05 May 2010

 



Marks and Spencer Group PLC ANNOUNCES resignation of ian dyson

Marks and Spencer Group plc (M&S) today announces the resignation of Ian Dyson, Group Finance and Operations Director. Ian will leave M&S, on a date to be agreed, to join Punch Taverns as Group Chief Executive.

Sir Stuart Rose, Chairman of M&S said:

 "We understand Ian's decision and recognise the opportunity ahead of him. On behalf of the M&S Board I would like to thank Ian for the significant contribution he has made to M&S over the last five years and wish him well with his future career. His leadership of the team driving Project 2020, our investment in infrastructure, will stand the business in good stead in years to come." 

Ian Dyson said:

"Although the timing of an announcement of this sort is never perfect, my background in leisure makes Punch a very exciting opportunity and one I couldn't ignore. It also makes great use of all my leisure and retail experience and means being the CEO of a public company. M&S is a great business with a sound future and I wish all my colleagues every success."

Ian joined M&S as Group Finance Director in June 2005 and was appointed Group Finance and Operations Director in March 2006. Prior to this he was Finance Director of The Rank Group and before that Group Financial Controller of Hilton Group plc.

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For more information, please call:

Clair Foster                            M&S Corporate PR              0208 718 8323/07748 147851

Clare Wilkes                          M&S Corporate PR              0208 718 8642/07831 829891        

 

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