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IN BRIEF: J Sainsbury adds Sage CEO and former M&S co-CEO to board

ALN

J Sainsbury PLC - London-based supermarket chain - Names Steve Hare, the chief executive officer of accounting software firm Sage Group PLC, and Katie Bickerstaffe, the former co-CEO of retailer Marks & Spencer Group PLC, as new non-executive directors, both joining at the Sainsbury’s annual general meeting in July. In addition to M&S, Bickerstaffe has held senior positions at electricity supplier SSE PLC, electrical goods retailer Dixons Carphone and electrical goods maker Dyson, and consumer goods firms Pepsico Inc and Unilever PLC. She currently is a non-executive director of housebuilder Barratt Redrow PLC, investment manager Aberdeen Group PLC, and technical products distributor Diploma PLC, where she is senior independent director.

Stepping down as a Sainsbury’s non-executive director at the AGM will be Brian Cassin, who is CEO of credit checking firm Experian PLC. Adrian Hennah will replace Cassin as senior independent director.

Current stock price: 238.20 pence, up 2.2% in London on Thursday

12-month change: down 12%

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