M&S has seen lot of transformational change in current intervals and with its turnaround technique having met with nice success, it’s not slowing down on that entrance.
On Thursday it introduced the appointment of Rachel Higham as its new Chief Digital and Expertise Officer and Mark Lemming as Managing Director of Worldwide. That latter appointment comes solely weeks after chairman Archie Norman hinted that the retailer nonetheless has massive worldwide ambitions.
Higham is at the moment Chief Info Officer at large advert company WPP and can be a part of the retailer later this yr, whereas Lemming already works for M&S and has been promoted from his present function as Clothes & House Provide Chain & Logistics Director. He’ll start his new function within the new monetary yr.
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Each roles are key and the brand new leaders will sit on the agency’s Government Committee.
CEO Stuart Machin, mentioned: “These two new management appointments replicate the significance of Digital and Expertise and capital-light Worldwide development to the following section of our transformation. As I set out at our current Capital Markets Day, we’ve got extra to do in each of those areas and a lot alternative. Rachel and Mark are a implausible addition to the Government crew and I’m assured that, with their management, we’ll speed up the tempo of change within the enterprise as we reshape M&S for development.”