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Ian Dyson named new CEO of Punch Taverns

Ian Dyson, the finance director of Marks & Spencer, is to join the pub group as chief executive.

CITY & CORPORATE

Ian Dyson named new CEO of Punch Taverns

Dyson, joined M&S as Group Finance Director in June 2005 and was appointed Group Finance and Operations Director in March 2006 will join Punch on a date to be agreed, the group said.

Sir Stuart Rose, Chairman of M&S said: “We understand Ian’s decision and recognise the opportunity ahead of him. On behalf of the M&S Board I would like to thank Ian for the significant contribution he has made to M&S over the last five years and wish him well with his future career. His leadership of the team driving Project 2020, our investment in infrastructure, will stand the business in good stead in years to come.” 

Dyson said: “Although the timing of an announcement of this sort is never perfect, my background in leisure makes Punch a very exciting opportunity and one I couldn’t ignore. It also makes great use of all my leisure and retail experience and means being the CEO of a public company. M&S is a great business with a sound future and I wish all my colleagues every success.”

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