MARKS AND SPENCER GROUP PLC ANNOUNCES
NEW CHIEF FINANCIAL OFFICER
Marks and Spencer Group plc today announces
Alison Dolan will join the Board as Chief Financial
Officer.
Alison will take over from interim CFO Jeremy
Townsend who will remain in post as planned until May 2025. An
exact start date for Alison will be announced in due
course.
Stuart Machin, Chief Executive Officer
commented: "I am delighted to welcome Alison to M&S as our
Chief Financial Officer. We are fortunate to attract somebody of
Alison's calibre who will be a fantastic addition to the leadership
team and with so much experience in fast paced, digitally led
businesses, will help us in this next phase of transforming
M&S.
"I want to thank Jeremy for all his hard work
and support. He will leave M&S in the strongest financial
health the business has been in for decades. But Jeremy's not going
anywhere quite yet and will, as was always the plan, remain with us
until May 2025."
Alison brings a wealth of experience from her
current role as CFO of the leading digital property portal,
Rightmove plc, and from previous finance, strategy, and
transformation roles, including with News UK and Sky.
Alison Dolan commented: "I'm delighted to be
joining M&S, Stuart, and the leadership team at such an
exciting time for the business. As a customer shopping at M&S
I've always loved the brand and am thrilled to be part of reshaping
the business for growth. The scale and pace of change are
significant and there are so many great opportunities
ahead."
This announcement has been made in accordance
with the requirements of 9.6.11 and 9.6.13 of the UK Listing Rules.
The information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the UK
version of the Market Abuse Regulation (EU) No. 596/2014 as it
forms part of UK law by virtue of the European Union (Withdrawal)
Act 2018. Upon the publication of this announcement, this inside
information is now considered to be in the public
domain.
ENDS
Notes to
Editors:
Alison Dolan
Career Highlights:
Chief Financial Officer, Rightmove
plc (September 2020 - current)
Chief Strategy Officer, News UK
(December 2016 - May 2020)
Deputy Managing Director, Sky
Business; British Sky Broadcasting plc; (March 2012 - November
2016)
Group Treasurer, British Sky
Broadcasting plc; (Jan 2002 - March 2012)
Finance Director - Sky Technology;
(May 2010 - Feb 2012)
Finance Director - Sky Business;
(May 2009 - Feb 2012)
Alison is also a Non-Executive Director on the
Board of Pearson plc and a member of the Audit and Remuneration
Committees.
Jeremy
Townsend was appointed Interim CFO on 22
November 2022 and will remain in post as planned until May
2025.
For further information,
please contact:
M&S Corporate Press Office: +44
(0)20 8718 1919, corporate.press@marks-and-spencer.com