M&S co-CEO Bickerstaffe to retire after AGM in July

(Sharecast News) - Marks & Spencer confirmed on Thursday that co-chief executive Katie Bickerstaffe will retire after the annual meeting in July "to pursue her board career". Bickerstaffe served as a non-executive director and co-chief operating officer of M&S prior to being appointed co-CEO, reporting into CEO Stuart Machin, in March 2022.

Machin said: "I'm very grateful to Katie for her support in seeing M&S through this important period in the reshaping of the business. We now have a much stronger business, and she will move on with our very best wishes."

Sky News first reported the news late on Wednesday.