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.



0
SHARES
Brand Republic Jobs
Thousands of jobs across advertising, creative, marketing and media

Just published

Feel you're missing out?

GET THE
BRANDREPUBLIC
BULLETINS
Sign up

The Wall Blog

From our partners