M&S finance chief's departure delayed
Marks & Spencer's FD Alison Reed will stay on, as a replacement has yet to be recruited.
Alison Reed, Marks & Spencer’s FD, will not be leaving the company as she was scheduled to this week, as the retailer has not yet found a replacement. Link: Alison Reed steps down as FD at M&S
The Times reports that M&S is understood to be in the final stages of appointing a new FD, but may need months to organise the contractual obligations of the new appointment. Until it has finalised these detail, Reed will stay on as FD.