Marks and Spencer Group PLC Directorate Change (9191G)
18 November 2022 - 9:00PM
UK Regulatory
TIDMMKS
RNS Number : 9191G
Marks and Spencer Group PLC
18 November 2022
Marks and Spencer Group PLC
DIRECTORATE CHANGE
MARKS AND SPENCER GROUP PLC ANNOUNCES INTERIM CHIEF FINANCIAL
OFFICER
Marks and Spencer Group plc today announces that Jeremy Townsend
is joining the business as Interim Chief Financial Officer. Jeremy
joins on 22(nd) November and will report into Chief Executive
Officer, Stuart Machin.
Stuart Machin, Chief Executive Officer commented: "I am very
pleased to welcome Jeremy to our leadership team. Over the last
three years we have built a strong finance team, and Jeremy will be
an excellent addition, bringing with him a wealth of financial
leadership experience, as we accelerate our plans to reshape
M&S for growth."
Jeremy has held senior financial and non-executive roles across
several public companies and most recently, was Group CFO Rentokil
Initial Plc.
Following the announcement on 21(st) July, M&S can confirm
that Eoin Tonge will step down from the Board on 9(th) December and
will leave the business on 19(th) January ensuring a thorough
handover to Jeremy.
This announcement has been made in accordance with the
requirements of LR 9.6.12 of the UK Listing Rules.
-Ends-
Notes to editors:
Jeremy Townsend Biography:
-- 2010-2020: Rentokil Initial PLC - Group CFO
-- 2005-2010: Mitchells & Butlers - From 2008 - Group Finance Director
-- 1997-2005: Sainsbury's - From 2004 - Director of Corporate Finance
-- 1985-1997: Ernst & Young - From 1992, Senior Manager M&A
Non-Executive experience:
-- 2020-Present: NHS England
-- 2020-Present: PC Cussons plc
-- 2020-2021: Morrisons plc
-- 2015 to Present: Parkrun Global
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END
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