Katie Bickerstaffe, co-CEO, Marks & Spencer, a British clothing and food retailer has quit from her position in the company and is set to be succeeded by Stuart Machin
Leaving the company this year, Bickerstaffe will join as a non-executive director of European home improvement retailer Kingfisher. She was appointed as the co-CEO of Marks & Spencer in 2022 alongwith Machin after the stepping down of Steve Rowe.
Birkerstaffe was responsible for driving the company’s strategy of selling across multiple platforms while Machin looked into the day-to-day leadership of the business and the executive committee.
Bickerstaffe's resignation follows the better-than-expected rise in sales reported by the retailer over the Christmas trading period, as it reaped the rewards of investments to improve the value and quality of its clothing and food as well as the overhaul of its store estate.
