|
|
Article: News Analysis: M&S goes shopping worldwide for a new chairman City hopes Sir Richard Greenbury's successor will be `a cross between Moses and Attila the Hun'
- Article from:
- The Independent (London, England)
- Article date:
- August 23, 1999
- Author:
CopyrightCopyright 1999 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
|
IN THE past, appointing a chairman to the Marks & Spencer board
was simple: find an available member of the founding Sieff family and
let him mind the store. The traditional model of a hands-on M&S
chairman became so entrenched that even the reign of Sir Richard
Greenbury, the first non-family holder, did not disrupt it.
All that is to change. Following Sir Richard's abrupt departure
after a collapse in trading and a boardroom row, the company is
desperately seeking a non-executive chairman to oversee the recovery
with new chief executive Peter Salsbury. Whithead Mann, the
headhunting firm, has been appointed. The search, it says, will be
global.
But what sort of person would the City like? ...