Blog: M&S succession plans?
Leonie Barrie | 25 April 2007
A string of high level appointments at Marks & Spencer today is being seen as evidence that the retailer is testing out potential successors to chief executive Stuart Rose, who has indicated he may step down by May 2009. Instead of one clear successor, it currently looks like a three-horse race between Stuart Esom, the new director of food; Carl Leaver as director of international business; and head of retail Guy Farrant. Of course M&S isn’t letting on, saying that the new senior team will guide the company’s next growth phase. But we all know the stakes are much higher than that.
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