Archie Norman, the chairman, stated: “The M&S he took over was in parlous form and all through my tenure he has been fearless in greedy the nettles and going through into the challenges and has delivered huge progress.
“As we transfer into the following progress section, he leaves a really sturdy staff to take the enterprise ahead. However as somebody who has touched so many colleagues throughout the enterprise through the years, he shall be a lot missed and goes with our big affection and greatest needs.”
Marks will now begin what it calls a second section of the transformation that began below Mr Rowe.
Mr Machin shall be chargeable for the meals enterprise, operations, property, retailer improvement and expertise in addition to HR, whereas Ms Bickerstaffe will deal with international operations and the corporate’s digital future.
She can even preserve her present duties taking care of the clothes and residential shops amongst others.
Eoin Tonge, who had additionally been linked to the highest job, will take over as chief technique and finance officer.