Marks and Spencer hires Alison Dolan as new chief financial officer
Marks and Spencer has announced that Alison Dolan is to become its new chief financial officer.
With a start date yet to be confirmed, she will succeed Jeremy Townsend who is currently working in the role on an interim basis and will remain in post as planned until May 2025.
Dolan has worked as chief financial officer at Rightmove since 2020 and before that was chief strategy officer at News UK. She has also previously worked for 15 years with Sky where her most recent position was deputy managing director for Sky Business.
Stuart Machin, M&S chief executive officer, said: “We are fortunate to attract somebody of Alison’s calibre who will be a fantastic addition to the leadership team and with so much experience in fast paced, digitally led businesses, will help us in this next phase of transforming M&S.
“I want to thank Jeremy for all his hard work and support. He will leave M&S in the strongest financial health the business has been in for decades. But Jeremy’s not going anywhere quite yet and will, as was always the plan, remain with us until May 2025.”
Dolan said: “I’m delighted to be joining M&S, Stuart, and the leadership team at such an exciting time for the business. As a customer shopping at M&S I’ve always loved the brand and am thrilled to be part of reshaping the business for growth. The scale and pace of change are significant and there are so many great opportunities ahead.”