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Sandra Halliday Published
March 6,蜘蛛池链接提交工具 2025
Many analysts were sceptical when M&S announced two years ago that joint CEOs would replace Steve Rowe when he left. They predicted it wouldn’t last and if a new report Wednesday is to be believed, it hasn’t — although not because it's been unsuccessful.
Katie Bickerstaffe, the former M&S Clothing & Home chief who’s been sharing the top title with Stuart Machin is to leave M&S “and pursue a portfolio career that will include a role on the board of B&Q's parent company, Kingfisher”, Sky News has claimed.
Until now, she and Machin have shared the top job with him in the day to day leadership role and her focusing on furthering the firm’s digital ambitions.
She’ll leave this year with Sky saying M&S and Kingfisher will make relevant announcements in the next few days.
Bickerstaffe has had an illustrious career and before joining M&S was the UK and Ireland boss of Dixons Carphone's business, as well as leading SSE's retail energy services division.
So her move to be a non-exec at the DIY giant is perhaps less surprising than it would have been had she been a fashion retail lifer. As well as joining B&Q, she’s a non-exec at the England and Wales Cricket Board and of housebuilder Barratt Developments.
She will, we’re told, leave with share options worth millions of pounds, having been at the top of M&S in one of its most successful periods. She and Machin continued the recovery work put in place under Steve Rowe and presided over improving results and a return to the FTSE 100 for the firm.