M&S faces another shareholder revolt
- Published: 03 April, 2009
Marks & Spencer, which is gearing up to beat the big supermarket groups on the food price front, is moving towards another shareholder revolt over the extent of the power wielded by boss Stuart Rose
Institutional shareholders want Rose to split his role of executive chairman and chief executive and appoint a new senior independent director. There are growing concerns over the management of the business.
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