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Marks & Spencer hires new board members

Marks & Spencer has appointed Katie Bickerstaffe and Pip McCrostie as non-executive directors as it embarks on its transformation programme.

DEPARTMENT STORES

Marks & Spencer hires new board members

Bickerstaffe is currently chief executive designate of the new independent British energy supply and services company that will be created by the proposed merger of SSE and Innogy SE. Until April 2018, she was chief executive of the UK and Ireland at Dixons Carphone and prior to that worked with retailers such as Kwik Save, PepsiCo, Unilever, Dyson, and Somerfield.

M&S said Bickerstaffe will bring a deep understanding of retail and operations, as well as experience in marketing, people, property and as a non-executive director, to M&S as it embarks on the first phase of its transformation programme.

Meanwhile, Pip McCrostie is currently a non-executive director of Inmarsat and was a member of EY’s global executive team, acting as global leader of corporate finance, one of EY’s four global businesses. During her time with EY, she played key roles in major transactions in the US and Europe.

Commenting on the appointments, Archie Norman, chairman of Marks & Spencer, said: "We are delighted to welcome Katie Bickerstaffe and Pip McCrostie to the Board of M&S. As we embark on the first phase of our transformation programme we are building a cohesive and engaged board with deep and relevant skills in retail and business change.”

Bickerstaffe and McCrostie will be put forward for election by shareholders at the retailer's AGM on 10 July and will be formally appointed to the board following their election.

 

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