Stuart Rose news and archive

Asda appoints former Marks & Spencer boss Stuart Rose as chair

British supermarket chain Asda has named Lord Stuart Rose, the former CEO and chairman of rival Marks & Spencer, as its new chair, effective December 1. A retail veteran, Rose was appointed as chief of Marks & Spencer in 2004 and then went on to become executive chairman in 2008. He’s also held a number of executive roles at other big-name...

Fashion

M&S says goodbye to chairman

Sir Stuart Rose will formally hand over the chairmanship of Marks and Spencer to former investment banker Robert Swannell on Tuesday. The 61-year-old became chief executive in 2004. He was recruited to turn round the retailer, which had seen its share price fall by a quarter in two years and was operating under the shadow of a possible bid from...