UK food and clothing retailer Marks and Spencer announced today (Tuesday) that Lord Burns will be joining the board as deputy chairman with effect from 1 October 2005 and will become chairman from the AGM, in July 2006.
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Marks and Spencer chairman, Paul Myners will step aside from the board at the AGM in 2006.
“I am delighted that Terry Burns will be joining the Board and that he will succeed me as Chairman of the Company. I look forward to working with him,” said Paul Myners.
“Marks & Spencer is a Company with a great brand and a strong heritage. I am very pleased to be joining the Board at this important time,” said Terry Burns.
Terry Burns is Chairman of Abbey National and Glas Cymru (Welsh Water), and is a non-executive director of Banco Santander Central Hispano, Pearson Group and British Land.

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