BusinessCompany NewsDyson groomed for CEO role at M&S

Dyson groomed for CEO role at M&S

Marks & Spencer's finance director could be in line for top job after being awarded greater responsibility as Sir Stuart Rose plans a move to executive chairman

Ian Dyson could be in pole position for the CEO’s job at Marks & Spencer
after one of the most controversial boardroom shake-ups in the high street
giant’s history.

The company’s chief exec Sir Stuart Rose has decided to become executive
chairman later this year, leading to speculation as to who will eventually
replace him as CEO.

M&S said that Dyson will assume Sir Stuart’s day-to-day retail and HR
responsibilities from 1 June.

Dyson’s extra responsibilities are sure to make him a frontrunner when the
company starts looking for a new chief exec.

Sir Stuart has decided to scale back his remit at M&S, but his decision
to become executive chairman has generated
corporate
governance
concerns from some quarters.

Further reading:

Profile:
Ian Dyson, group FD of Marks & Spencer

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