Marks And Spencer Appoints Jeremy Townsend As Interim CFO

RTTNews | 1131天前
Marks And Spencer Appoints Jeremy Townsend As Interim CFO

(RTTNews) - Marks and Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) announced Friday that Jeremy Townsend is joining the business as Interim Chief Financial Officer. Jeremy joins on Monday, on November 22, and will report to Chief Executive Officer Stuart Machin.

Townsend has held senior financial and non-executive roles across several public companies and most recently, was Group CFO at Rentokil Initial Plc for a decade from 2010 to 2020.

Townsend previously served as Group Finance Director at Mitchells & Butlers from 2008 to 2010, as Director of Corporate Finance from 2004 to 2005 and as Senior Manager M&A at Ernst & Young from 1992 to 1997.

Following the announcement on July 21, the company confirms that Eoin Tonge will step down from the Board on December 9 and will leave the business on January 19, ensuring a thorough handover to Jeremy.

read more
M&S Stock Up On Higher FY24 Results, Dividend, Outlook

M&S Stock Up On Higher FY24 Results, Dividend, Outlook

Shares of Marks and Spencer Group Plc or M&S were gaining more than 7 percent in the morning trading in London after the retail major reported Wednesday significantly higher profit and sales in its fiscal 2024. The company also announced a dividend, and said it is confident to make further progress in 2025 and beyond.
RTTNews | 580天前
Marks & Spencer To Close 67 Stores While Opening 104 Food Stores Over Next 5 Years

Marks & Spencer To Close 67 Stores While Opening 104 Food Stores Over Next 5 Years

Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) said Wednesday it will invest 200 million British pounds across the C&H and Food divisions over the next few years while reshaping for growth and value creation, according to an investor presentation made by Chief Executive Stuart Machin and Co-Chief Executive Katie Bickerstaffe.
RTTNews | 1168天前
Oil Prices Move In Tight Range After Recent Gains

Oil Prices Move In Tight Range After Recent Gains

After moving up sharply in the previous session amid escalating tensions between the U.S. and Venezuela, and the feud between Russia and Ukraine, Oil prices are moving in a tight range Tuesday morning with traders awaiting the official crude inventory data for the week ended December 19th.
RTTNews | 1小時29分鐘前
Sensex, Nifty Close Flat After Choppy Ride

Sensex, Nifty Close Flat After Choppy Ride

After two successive days of solid gains, Indian shares turned in a mixed performance on Tuesday, and the benchmark indexes Sensex and the Nifty50 settled roughly flat, as traders largely stayed on the sidelines, awaiting fresh clues.
RTTNews | 1小時58分鐘前
DAX Firm Amidst Mixed Trends In Europe

DAX Firm Amidst Mixed Trends In Europe

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is currently trading firm even as a mixed mood prevails in most of Europe.
RTTNews | 2小時56分鐘前
Yen Rises Amid BoJ Rate Hike Bets

Yen Rises Amid BoJ Rate Hike Bets

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as investors talk about the Bank of Japan's latest 25 basis point rise and the likelihood of further rate hikes.
RTTNews | 3小時41分鐘前