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M&S appoints two new non-executive directors

Marks & Spencer has appointed Katie Bickerstaffe and Pip McCrostie as non-executive directors.

Bickerstaffe was chief executive for UK and Ireland at Dixon’s Carphone until April this year. She has previously held positions with Kwiksave, Pepsi, Unilever, Dyson and Somerfield.

M&S said Bickerstaff would bring her experience in people, property and marketing to the role as the retailer undergoes the first phase of its transformation programme.

McCrostie joins from EY, where she was a member of the global executive team and acted as leader on global corporate finance.

During her time with EY, McCrostie played key roles in major transactions in the US and Europe. McCrostie was also the founder of the Global Transaction Tax network and co-founded the UK Transaction Tax group.

Chairman Archie Norman said: “We are delighted to welcome Katie Bickerstaffe and Pip McCrostie to the board of M&S. As we embark on the first phase of our transformation programme we are building a cohesive and engaged board with deep and relevant skills in retail and business change.”

The appointment comes as M&S accelerates its transformation programme, under which dozens of stores will close across the UK. The retailer is increasing the number of stores it plans to close from 60 to 100.

An M&S representative said: “We have been clear about M&S’s plans to accelerate our store closure programme and the action we must take to build a business with sustainable, profitable growth. But we would never comment on speculation of this kind.”






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