M&S chief financial officer to leave business
Marks & Spencer’s group chief financial officer is to leave the business after 14 months in the role.
In statement, M&S said that Humphrey Singer had decided to step down and is working with the M&S chief executive Steve Rowe on a search for a successor.
The announcement follows the recent departure of M&S clothing and homewares boss Jill McDonald who was ousted in July.
Singer’s leaving date has yet to be decided.
Rowe said: “Humphrey has been a huge asset to the business. He has helped to establish the foundations of our transformation with a stronger balance sheet, robust financial controls and a much keener focus on reducing our cost base. In addition, he was a critical part of the team which guided Marks & Spencer through the deal to create our joint venture with Ocado and subsequent equity raise.”
Photo by Georgia Hawkins
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