Marks and Spencer’s finance and operations director Ian Dyson has today (5 May) announced his resignation to join Punch Taverns as chief executive.
Dyson will leave on a date to be agreed after five years at M&S, the UK retailer said.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The announcement of Dyson’s departure comes on the second official day that new chief executive Marc Bolland has been in the M&S hot seat.
Chairman Sir Stuart Rose said: “We understand Ian’s decision and recognise the opportunity ahead of him. On behalf of the M&S board I would like to thank Ian for the significant contribution he has made to M&S over the last five years and wish him well with his future career.
“His leadership of the team driving Project 2020, our investment in infrastructure, will stand the business in good stead in years to come.”
Dyson added that, while the timing of an announcement of this sort is “never perfect”, his background in leisure makes Punch a “very exciting opportunity and one I couldn’t ignore”.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataDyson joined M&S as group finance director in June 2005 and was appointed group finance and operations director in March 2006. He was named as among the potential internal candidates to succeed Rose as chief executive, before Bolland was appointed to the post.
