M&S appoints former Dixons Carphone boss Katie Bickerstaffe as director

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Pension

Marks & Spencer has appointed the former Dixons Carphone UK boss Katie Bickerstaffe to its board as a non-executive director amid further top-level changes.

Alongside Bickerstaffe’s appointment, former Ernst & Young (E&Y) veteran Pip McCrostie, who spent 29 years at the professional services firm, will also join the board.

The pair will be put forward for election by shareholders on July 10 during the retailer’s annual general meeting (AGM), and officially appointed after the vote.

Bickerstaffe, who stepped down from her role at Dixons Carphone last month after nearly a decade, to head take up a new role as boss at energy firm SSE, will also join the renumeration committee.

Meanwhile McCrostie, who retired in June 2016 to focus on a portfolio career, is set to join the audit committee.

During her career at E&Y McCrostie is credited with transforming its transaction advisory service from a loss-making business into the group’s most profitable and highest growth business with revenues exceeding $3 billion (£2.23 billion).

The news comes following revelations M&S could shut an additional 40 of its “full line” stores — those selling both clothing and food — bringing it to a new total of 100, threatening hundreds of jobs.

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