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Article: Pipe down, box-tickers! Sir Stuart's got M&S looking rosy
- Article from:
- The Evening Standard (London, England)
- Article date:
- June 30, 2009
- Author:
CopyrightCopyright 2009 Evening Standard - London. Provided by ProQuest LLC. (Hide copyright information)
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HANDS up who's bored of bashing Stuart Rose.
Not the corporate governance crowd, it seems, who are still
banging on about his being the executive chairman of Britain's
biggest clothes retailer -- an all-powerful role that never fails to
get their Marks & Spencer knickers into an almighty twist.
Never mind that this issue is a year old, some of the box-
tickers have been making a fuss behind the scenes and intend to call
for his job to be split in two at the annual meeting tomorrow.
This story wasn't going anywhere a year ago when serious
shareholders such as Schroders and Legal & General were openly
voicing concern about Rose's new position, so it's unlikely to
matter much now that it's the ...