David Prosser: Who's next at M&S
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Outlook So farewell then, Sir Stuart Rose – or at least it will be when Marks & Spencer's executive (soon to be non-executive) chairman finally bows out of the company next March. Who, though, is the right man, or woman, to succeed Sir Stuart?
Here's one candidate that the executive headhunters JCA, asked to conduct the search, might like to consider: the City minister Lord Myners, who will be out of a job in six weeks' time, assuming Labour is unable to cling on to government in the election.
A move out of the partisan hothouse – whether by choice or not – might be welcome for Lord Myners, who hasn't always had the best instincts politically. He managed to ride out accusations he went too soft on Sir Fred Goodwin when Royal Bank of Scotland collapsed, but the comments he made yesterday – calling for every bank to appoint a "dour Scot" to its audit committee – suggests he has forgotten the episode. After all, RBS was run by two dour Scots.
However, there is certainly no questioning Lord Myners' experience: he has already done an acclaimed stint in the chairman's office at M&S, helping Sir Stuart fight off the unwanted takeover approach of Sir Philip Green. Maybe it is time for a reunion.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments