Katie Bickerstaffe Steps Down as M&S Co-CEO

Marks & Spencer's Katie Bickerstaffe exits her role to pursue a portfolio career, leaving Stuart Machin as the sole CEO.

Katie Bickerstaffe, the joint chief executive of Marks & Spencer, will leave the company in July after a tenure of two years.
Stuart Machin will assume full leadership of M&S, continuing the retailer's transformation and growth.
Bickerstaffe's departure is part of a 'leadership evolution', with plans to join Kingfisher's board as a non-executive director.
Under Bickerstaffe and Machin's leadership, M&S has seen a resurgence, including a return to the FTSE 100 and a nearly 50% increase in share value over the past year.
M&S continues its transformation with new third-party brand partnerships and the successful appeal against the government's decision to block the demolition of its Oxford Street flagship store.