Marks And Spencer Appoints Jeremy Townsend As Interim CFO

RTTNews | Pred 913 dňami
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 | Pred 362 dňami
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 | Pred 950 dňami
Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
RTTNews | Pred 1 h 20 min
FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
RTTNews | Pred 1 h 56 min
CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
RTTNews | Pred 2 h 39 min
DAX Down Marginally In Cautious Trade

DAX Down Marginally In Cautious Trade

German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.
RTTNews | Pred 3 h 5 min