Kate Bostock, former head of clothing at Marks & Spencer, has said the high street chain should be run by a woman, as the vast majority of its customers are women.
Bostock, who was most recently the chief executive of Coast, told The Daily Mail the chain needs a woman at the helm to turn around its ailing fashion business.
“It’s a very female-dominated business in terms of its customer base and, at the end of the day, that’s what the business is all about – the customers that you’re selling to.”
She added: “’I thought it might have happened this time round, hopefully, it will happen soon.”
When current M&S boss Marc Bolland steps down in April he will be replaced by Steve Rowe.
At M&S, 15 of its 21 operational directors are men.
Bostock said: “It’s disappointing. In those big corporate firms the men still dominate even though there are a lot of women in the business. Whereas in the smaller and medium-sized firms women often dominate. It’s a fact that boards with women on them are better companies and more successful.”
As previously reported by Drapers a report by executive search firm Korn Ferry revealed only 15% of the 45 newly appointed retail chief executives last year were women.