THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
The Papers
RETAIL INSIGHTS
RETAIL SOLUTIONS
• The HR Summit 2019
• AI in Retail Conference 2019
• Omnichannel Futures Conference 2020
• Future of Retail Marketing 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Marks & Spencer announces board changes

Marks & Spencer has announced a range of changes to its board and committee membership. The retailer said that Vindi Banga, its senior independent director and… View Article

DEPARTMENT STORES

Marks & Spencer announces board changes

Marks & Spencer has announced a range of changes to its board and committee membership.

The retailer said that Vindi Banga, its senior independent director and chairman of its remuneration committee, has decided to step down from the board and has retired as a director. Banga had served on the board since 2011 and led the succession process for the appointment of a new chairman last year.

Due to Banga stepping down, Andy Halford will now become a senior independent director. Having already been appointed to the board in 2013, Halford will continue as chairman of the audit committee.

Meanwhile, Andrew Fisher will succeed Banga as chairman of the remuneration committee and, as result, will step down from the audit committee. Fisher has served on the M&S board since 2015.

Archie Norman, Marks & Spencer chairman said: “Vindi has been an extraordinary contributor to the M&S board over seven years and is as much as anyone author of the transformation team we have in place today. With Robert Swannell he was highly instrumental in the appointment of Steve Rowe as chief executive and he oversaw the succession process for a new chairman. As SID and chairman of the remuneration committee the company has relied on him for his sagacity and judgement and he leaves with our enormous thanks.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Future of Retail Marketing 2020
Future of Retail Marketing 2020
10 June 2020
Cavendish Conference Centre, London W1G 9DT
The Future of Retail Marketing for Customer Engagement