M&S calls in head-hunters to find new executive director

Marks & Spencer has called in head-hunters to help it find an executive director, leading to speculation that chief executive Peter Salsbury, who has been at M&S all his working life, is to be replaced.

LONDON (Brand Republic) – Marks & Spencer has called in head-hunters to help it find an executive director, leading to speculation that chief executive Peter Salsbury, who has been at M&S all his working life, is to be replaced.

Analysts believe that possible candidates for the job include Wal-Mart’s European boss Allan Leighton, Debenhams chief executive Terry Green, or Iceland’s new chief executive Stuart Rose. Both Leighton and Green were part of entrepreneur Philip Green’s stalled acquisition plan for M&S earlier in the year.

The recruitment firm involved, Whitehead Mann, found Luc Vandevelde, the former chairman of French supermarket chain Promodes who was brought in as executive chairman at M&S last year.

M&S refused to comment.



Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
The top 10 brands favoured by Remainers and Brexiters
Shares0
Share

1 The top 10 brands favoured by Remainers and Brexiters

Marketers can learn about our divided nation by examining the brands that appeal across the voting referendum voting split, says Emily James, chief strategy officer at Rainey Kelly Campbell Roalfe/Y&R.

Just published