M&S has poached Rightmove finance boss Alison Dolan as its new chief financial officer.

Dolan will takeover from the high street retailer’s interim finance boss Jeremy Townsend, who will remain in post until May next year.

She joined Rightmove as its chief financial officer in 2020 following a three year stint at News UK as its chief strategy officer, and 15 years at Sky in its finance function.

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M&S chief executive Stuart Machin said: “We are fortunate to attract somebody of Alison’s calibre who will be a fantastic addition to the leadership team and with so much experience in fast paced, digitally led businesses, will help us in this next phase of transforming M&S.

“I want to thank Jeremy for all his hard work and support. He will leave M&S in the strongest financial health the business has been in for decades. But Jeremy’s not going anywhere quite yet and will, as was always the plan, remain with us until May 2025.”

Dolan added: “I’m delighted to be joining M&S, Stuart, and the leadership team at such an exciting time for the business.

“As a customer shopping at M&S I’ve always loved the brand and am thrilled to be part of reshaping the business for growth. The scale and pace of change are significant and there are so many great opportunities ahead.”

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