M&S to say goodbye to two senior executives

Tuesday, 25 March 2014

British department store group Marks & Spencer is set to lose two of its top executives this summer, as IT director Darrell Stein and director of property Clem Constantine are the latest in a series of departures to leave the group.

Both executives were previously take on by former chief executive and chairman Sir Stuart Rose, with Constantine joining the group in February 2006 and Stein coming on board five months later.

Stein has been credited for the development of M&S's information technology during the overhaul of its online platforms, logistics and warehouse internal structures as the group focused on achieving its goal of becoming the leading international, multi-channel retailer.

Constantine previously spearheaded M&S's international development until 2011, when CEO Marc Bolland took on Jan Heere to take the helm of the group's international growth.

M&S confirmed the executives impending departure from the group and a company spokesperson told the Financial Times: "Their roles have significantly changed recently; Darrell developed our new e-commerce platform which has now been delivered and, as announced at our interims, we will be putting on less general merchandise space which changes our property focus."

"Both Darrell and Clem have done a great job and we wish them well going forward. We have a very strong talent pool at M&S that is being recognised internally and externally."

The news of their exit from M&S comes weeks after the former head of the group's non-food business, Kate Bostock, tapped Neil Hendy, head of womenswear design at M&S, as Coast's new creative director. Bostock was appointed chief executive officer at the womenswear label last August and recruited Hendy to help with oversee the brands retail design, marketing and image.

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