Sir Stuart Rose, the outgoing chairman of Marks & Spencer is swapping the scrutiny of running a FTSE 100 company for a lower-profile role on…
Knight of Bra’s checks out
May 30, 2010 By 1 Comment
So, the man behind one in four of the bras and knickers in the UK has begun his long goodbye. Sir Stuart Rose, the executive chairman of Marks & Spencer, presented his final annual profits last week, after a stint that has, he likes to point out, lasted longer than the second world war. His [...]
Marks & Spencer says worst of recession is over
May 25, 2010 By 1 Comment
Marks & Spencer chairman Sir Stuart Rose declared today that the UK has come through the deepest ravages of the economic turmoil. Speaking after M&S posted profits of £632.5m for the last financial year, Rose said he was not worried about the UK falling into a double-dip recession. “Marks & Spencer has had a good [...]
Marks & Spencer shareholders want to reduce Stuart Rose’s pay
March 2, 2010 By Leave a Comment
Marks & Spencer chairman Sir Stuart Rose may be forced to take a pay cut after angry shareholders demand a reduction in his £1.13m basic salary. The retailer’s remuneration committee could reduce Rose’s salary within two months following consultations with shareholders. But retail analysts suggest Rose could leave M&S earlier than his stated departure deadline [...]
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