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Marks & Spencer’s Co-Chief Executive Officer Katie Bickerstaffe is set to leave the company, Sky News reported on Wednesday evening. Bickerstaffe will leave the London-based high street stalwart to pursue a portfolio career that will include a non-executive role on the board of London-based DIY retailer Kingfisher PLC. https://news.sky.com/story/m-s-joint-chief-executive-bickerstaffe-to-step-down-13088681 Her departure will leave Stuart Machin as the sole CEO. Bickerstaffe led the digital, data and international aspects of M&S’s business during her two-year long tenure. M&S shares closed 0.2% higher at 239.40 pence each on Wednesday in London, while Kingfisher shares closed 1.4% higher at 227.00p, both before the report by Sky News. Copyright 2024 Alliance News Ltd. All Rights Reserved.
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