14th Mar 2005 11:00
Marks & Spencer Group PLC14 March 2005 Marks and Spencer Group PLC ('Marks & Spencer') New Finance Director Appointed Marks & Spencer today announced the appointment of Ian Dyson as Group FinanceDirector. Ian Dyson joins Marks & Spencer from The Rank Group Plc (Rank), where he hasbeen Group Finance Director for five years. His start date is currently beingfinalised. Stuart Rose, CEO said: "Ian comes from a highly competitive sector, which hasseen enormous change in recent years. His track record at Rank has demonstratedhis ability to deliver in that environment and his experience in restructuringbusinesses will be important in re-building the fortunes of Marks & Spencer. Heis young and energetic, and with this appointment we are building the team forthe long-term." Ian Dyson said: "I am delighted to be joining Marks & Spencer and look forwardto the challenge." Further to the announcement in November 2004, Alison Reed, our current FinanceDirector, will leave the Company at the end of April. Stuart Rose also said: "I would like to thank Alison for her substantialcontribution over the last twenty years. She leaves with our best wishes for thefuture." Ian Dyson, 42, spent most of the early part of his career with Arthur Andersen,where he became a Partner in 1994. He moved on to Forte Plc, where he wasappointed Finance Director for Meridien Hotels and Resorts, before joiningHilton Group plc as Group Financial Controller. Ian moved to Rank in 1999 as Group Finance Director and has played a major rolein the repositioning of the business, as it has gone through a period ofsubstantial change. He is currently a Non-Executive Director of Misys Plc butwill be stepping down from this role by their AGM in September 2005. ENDS Media enquiries:Corporate Press Office: 020 8718 1919 Investor Relations: 020 8718 3604/1563 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Marks & SpencerRank