Blog: Leonie BarrieM&S succession race wide open

Leonie Barrie | 21 May 2009

The succession race at Marks & Spencer is as wide – and debatable – as ever, perhaps even more so now that Carl Leaver is to depart.

Leaver last August added homewares and e-commerce to his role as head of M&S’s international division, prompting speculation that he was being lined up to fill the chief executive hot seat when Sir Stuart Rose stands down in two years' time.

But now another potential successor to Sir Stuart has gone, and the focus has switched to Ian Dyson, group finance and operations director, who yesterday took charge of the retailer’s new programme, called ‘2020 - Doing the Right Thing’.

A rather irked Rose on Tuesday pointed out that there are lots of key players within M&S right now.

“We have a strong bench strength and a very clear succession strategy to identify a candidate,” he told journalists in London, adding that it’s unlikely there “will be any movement on this front until the next financial year.”

Rose, who was controversially appointed executive chairman of M&S last June, in addition to his CEO role, has indicated he will step down in 2011. And on Tuesday he conceded he would prefer his replacement to be an internal candidate “to build on what we have started building over the past five to six years.”

 


BLOG

US border tax a contentious issue

Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...

BLOG

Primark's sustainable cotton programme takes shape

With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...

BLOG

Trump administration starts to shake up trade

Last week we marked the inauguration of Donald Trump as the 45th president of the United States by taking a closer look at what's at stake for the textile and apparel trade – especially his promises t...

BLOG

Likely shifts in the sourcing landscape in 2017

Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...

just-style homepage



Forgot your password?