
Marks and Spencer Group plc (M&S) has announced the appointment of Robert Swannell to its Board. Robert, 59, will join the Board on 4 October 2010 as a Non-Executive Director prior to taking up his position as Chairman on 4 January 2011.
Sir Stuart Rose will continue as Chairman until that date, in order to ensure a smooth transition, and will then step down from the Board and leave M&S.
Robert Swannell brings considerable City experience having spent over 30 years in investment banking with Schroders/Citigroup. He was formerly Vice-Chairman Citi Europe and Co-Chairman of Citi’s European Investment Bank.