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PRESS: Marks & Spencer Sets Up Shareholder Panel To Advise Board

13th Jul 2016 05:43

LONDON (Alliance News) - Marks & Spencer Group PLC announced at its annual general meeting that it would create a shareholder panel to help shape its turnaround strategy, the Telegraph reported Tuesday.

In his first annual meeting as Chief Executive Steve Rowe told shareholders on Monday that the retailer will face more "tough decisions" as it "entered a new era that would be committed to our customers".

M&S said it already had held a lunch with a small group of all-female retail investors to gather their views.

http://www.telegraph.co.uk/business/2016/07/12/marks--spencer-asks-mrs-ms-shareholders-what-to-do-next/

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


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