Marks and Spencer 2013 Annual Report Download - page 43

Governance Marks and Spencer Group plc Annual report and financial statements 2013 41
Overview Strategic review Financial review Governance Financial statements and other information
Andy Halford
Non-executive director I
Appointed: Jan 2013
Experience: Andy
brings invaluable
international, consumer
and digital experience, as
well as a strong finance
background. He joined
Vodafone in 1999 as Financial Director of Vodafone
Limited, becoming Financial Director for
Vodafone’s Northern Europe, Middle East and
Africa Regions in 2001. He was previously Chief
Financial Officer of Verizon Wireless in the US and
Group Finance Director of East Midlands Electricity
plc. Andy is a former Chairman of The Hundred
Group of Finance Directors in the UK. He is a
Fellow of the Institute of Chartered Accountants in
England and Wales.
Other roles: Chief Financial Officer of Vodafone
Group plc and a member of the Board of
Representatives of the Verizon Wireless
Partnership.
Committees: Audit (Chairman Designate),
Nomination
Jeremy Darroch
Non-executive director I
Appointed: 2006,
Jeremy will step down
from the board on
19 June 2013.
Experience: Jeremy has
considerable expertise in
the consumer retail
environment built up over a successful career at
some of the UK’s most high profile organisations.
A qualified Chartered Accountant, Jeremy spent
12 years in a range of roles at Proctor and Gamble,
including European Finance Director for their
Healthcare division. He was Group Finance
Director and Retail Director at Dixons Retail before
his move to British Sky Broadcasting in 2004,
where he was appointed Chief Financial Officer,
later becoming CEO in 2007. Jeremy will step
down from the Board of M&S on 19 June 2013.
Other roles: CEO of British Sky Broadcasting.
Committees: Audit (Chairman), Nomination
Martha Lane Fox
Non-executive director I
Appointed: June 2007
Experience: Martha
brings extensive
experience in the
successful operation of
online and consumer
facing businesses. Her
input continues to challenge and influence the
development of our multi-channel strategy. Martha
co-founded lastminute.com in 1998, taking it public
in 2000 and selling it in 2005. Martha was awarded
a CBE in 2013 and was appointed a crossbench
peer in the House of Lords in March 2013.
Other roles: UK Digital Champion, chair of Go On
UK, MakieLab, Founders Forum for Good and the
Government’s Digital Service Advisory Board.
Co-founder and chair of Lucky Voice, non-
executive director of MyDeco.com, the Women’s
Prize for Fiction and founder of her own charitable
foundation, Antigone.
Committees: Audit, Nomination
Steven Sharp
Executive Director,
Marketing
Appointed: Nov 2005
Experience: After nine
years at M&S Steve will be
retiring from the business.
Therefore he will not be
standing for election this
year and he will step down from the Board following
the AGM on 9 July 2013. Steve will continue to work
in the business as Creative Director until 28 February
2014. Steve has built up extensive marketing
experience over a career that began when he joined
Bejam as a Marketing Manager in 1978. He
progressed to the Argyll Group and moved to ASDA
in 1987, where he became Marketing Director.
Steve’s other senior marketing roles have included
the Burton Group, Booker plc and Arcadia Group
plc. He joined M&S in 2004.
Other roles: Non-executive director of Adnams
plc, Fellow of the Chartered Institute of Marketing,
The Marketing Society and The Royal Society of
Arts and a Visiting Professor of Glasgow
Caledonian University.
Board diversity
This year we continued to make progress in
shaping our Board for the future, ensuring that
diversity, in its broadest definition, is at its heart.
From a practical perspective, our focus on
diversity means we look hard at our mix of skills
and experience. New Board appointments will
always seek to complement these as well as
ensuring that a good balance of skill set,
international experience and gender is maintained.
Our policy on page 54 summarises our views and
sets out our ambitions with regard to diversity
and what this means for our business, customers
and stakeholders.
* Women on the Board will increase to
23% following Jeremy Darroch’s
departure on 19 June 2013.
Amanda Mellor
Group Secretary and
Head of Corporate
Governance
Appointed: July 2009
Other roles:
Non-executive director
of Kier Group plc.
Steven Holliday
Non-executive director I
Appointed: July 2004
Experience: Our
longest serving
non-executive director,
Steve has extensive
knowledge of corporate
business and has held a
variety of senior executive and boardroom level
roles within the challenging utility and oil and gas
industries. He spent 19 years with Exxon and was
an executive director of British Borneo Oil and Gas
before joining National Grid as Group Director, UK
and Europe in 2001 and became CEO in 2006. His
international experience includes a four year spell
in the US and he has developed business
opportunities in countries including China, Brazil,
Australia and Japan.
Other roles: Group CEO of National Grid;
Chairman of both Board of Trustees of homeless
charity Crisis and Business In The Community’s
Talent and Skills Leadership Team.
Committees: Audit, Nomination,
Remuneration (Chairman)
Patrick Bousquet-
Chavanne
Executive Director,
Marketing and Business
Development
Appointed: Following the
AGM on 9 July 2013
Experience: Patrick
joined M&S in September
2012 as Director of Strategy implementation and
Business Development and has played a key role in
creating the new marketing strategy for
Womenswear. Patrick’s extensive experience of
the consumer goods industry was built up over a
career spanning more than 25 years, with 15 years
spent in senior global brand management
positions in London, Paris and New York. He
joined Estée Lauder in 1989 as Vice President and
General Manager of Aramis International and was
appointed to Lauder’s executive committee in
1998. Patrick became Group President of the
Estée Lauder Companies in 2001, stepping down in
2008 to pursue opportunities in the internet and
new technology fields.
Other roles: Non-executive director of
Brown-Forman Inc
Board experience
Retail
93%
Consumer
100%
Finance
36%
E-commerce & technology
29%
International
Women on the board*
21%
Executive
17%
Non-executive
25%
Executive recruitment
Internally
33%
Externally
67%
Non-executive Board tenure
0–1 years
12%
1–3 years
38%
3–6 years
25%
6–9 years
25%