Andy Halford becomes M&S non-executive director

Andy Halford is to join the board of Marks and Spencer as a non-executive director, it was announced today.

Mr Halford, the Chief Financial Officer of Vodafone, will join the board on January 1st 2013, replacing Jeremy Darroch who is to retire in June 2013.

After Mr Darroch‘s retirement, Mr Halford will take his position as Chairman of the Audit Committee, as well as joining the Nomination Committee from January.

Prior to becoming Chief Financial Officer of Vodafone in 2005, Mr Halford was Chief Financial Officer of Verizon Wireless in the US.

He is also a member of the Board of Representatives of the Verizon Wireless partnership and a fellow of the Institute of Chartered Accountants in England and Wales.

Mr Halford commented: “I am looking forward to joining the board of M&S and contributing to the continued development of this great brand.”

Due to the board changes, Chairman of the Remuneration Committee Steve Holliday will stand for re-election at next year‘s AGM to ensure continuity on the board, before stepping down at the July 2014 AGM.

M&S Chairman, Robert Swannell said: “I am delighted to welcome Andy to the board.

“As well as his finance background, he brings valuable international, consumer and digital experience and will be an excellent appointment as Chairman of the Audit Committee following Jeremy‘s retirement from the board next year.

“On behalf of the board I would like to thank Jeremy for his significant contribution to M&S since 2006 and his strong leadership of our Audit Committee.

“I am delighted that he has agreed to continue as Chairman of the Audit Committee until he leaves the board in June.”


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