Tag Archives: Miscellaneous Specialty Retailers (TRBC)

M&S CFO Humphrey Singer to give up his position

[ad_1]

FILE PHOTO: A person leaves a Marks & Spencer retailer in London, Britain, on this January 7, 2016 file photograph. REUTERS/Toby Melville

(Reuters) – Marks & Spencer Group Plc (MKS.L) mentioned on Saturday its Chief Monetary Officer Humphrey Singer has determined to go away the corporate.

Singer will work with Group Chief Govt Officer Steve Rowe on his succession course of, the corporate mentioned in a press release.

Singer’s departure date has not but been determined and he’ll proceed together with his duties till it’s confirmed, the British retailer mentioned.

“After eighteen months of working with Steve to guide the transformation technique and rebuild the finance operate I’ve determined that now’s the appropriate time to maneuver on,” Singer mentioned in a press release.

The information of Singer’s departure comes at a time when the 135-year previous retailer shall be relegated out of the London’s FTSE 100 index from Sept. 23.

Reporting by Bhargav Acharya and Sabahatjahan Contractor in Bengaluru, Enhancing by Ros Russell

Our Requirements:The Thomson Reuters Belief Ideas.

[ad_2]

Supply hyperlink