British retailer Marks & Spencer hires new finance chief
London — Marks & Spencer (M&S) has recruited Dixons Carphone finance chief Humphrey Singer to replace chief finance officer Helen Weir, who is leaving the British retailer on March 31 after three years in the role. Singer — who has been group finance director of Dixons Carphone since the company was created through the merger of Dixons Retail and Carphone Warehouse in 2014 and did the same role at Dixons Retail before that — said M&S was changing under the leadership of CE Steve Rowe. "There’s no better time to be joining the team that is transforming the business," Singer said on Wednesday. Rowe is attempting to revitalise the clothing, homeware and food retailer by improving ranges, reducing the floorspace devoted to clothes and cutting its cost base. Weir announced in November that she would leave M&S to pursue a "more diverse portfolio" of jobs. She will continue to be paid her salary and pension until November 8 in line with her contract, M&S said. She will also be eligible for...
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