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Marks & Spencer Grp - New Clothing & Home Managing Director

RNS Number : 9342M
Marks & Spencer Group PLC
14 May 2020
 

 

 

 

Marks and Spencer Group PLC

announces early state date for new Clothing & Home Managing Director

 

Further to the announcement made on 22 November 2019, Marks & Spencer today confirms that Richard Price will start his role as Managing Director, Clothing & Home on 6 July 2020.

 

Steve Rowe, CEO, M&S commented "Richard joins us at crucial time. I am confident that his leadership of a much-strengthened team and track record of delivering growth through great value, stylish product will accelerate the transformation of our Clothing and Home business and build on the improvements in product, value and availability over the past year."

 

M&S is also confirming a change of responsibility for CEO Steve Rowe, who will hand over his Clothing & Home accountabilities to Richard upon his early arrival on 6 July.

 

This announcement has been made in accordance with the requirements of 9.6.11(3) of the UK Listing Rules.

 

 

-Ends-

 

 

For more information, please call:

M&S Corporate PR                          0208 718 1919     

[email protected]

 

Notes to Editors

Biography - Richard Price

Richard's career spans some of the UK's top clothing brands and he has a proven track record of delivering growth through stylish, great value product

 

·      2015 - Present: Tesco PLC (CEO of F&F Clothing)

·      2012 - 2015: BHS (Managing Director)

·      2005 - 2012: M&S (Head of Merchandise, promoted to Menswear Trading Director in 2008)

·      1989 - 2005: Next Retail (merchandising roles across Womenswear and Menswear)

 

 


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Quick facts: Marks and Spencer Group PLC

Price: 96

Market: LSE
Market Cap: £1.87 billion
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