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Tougher Days Ahead for Marks & Spencer's Chief Executive
Written by Bernard Kayden   
Tuesday, 13 May 2008

Chief Executive, Stuart Rose, is in for some pin-pricking questioning and tough circumstances when he presents the retailer Marks & Spencer's yearly results on the twentieth of this month.<br><br>

London(Online-unsecured-loans): May12, 2008—Hit hard by the continuously aggravating consumer confidence and corporate governance issues, Chief Executive Stuart Rose is expected to come under the clouds of questioning when he presents Marks & Spencer's annual results later this month.

It is a very surprising downturn from the past when the corporate chief enjoyed entertainment industry type fame when hie dress, personal things and other individualistic issues attracted the media frenzy like never before. All this had happened in the wake of marvelous turnaround in the fate of storied chain. But just within a span of some months, the glittering veil has peeled off the facade, leaving the real issues bare before the public eye for scrutiny. Though his die-hard praisers are still optimistic of their corporate hero making a comeback, but the odds appear really tough against the top manager.

"Stuart has tons of experience in business at tough times, I wouldn't write him off but it is a challenge," Lorna Hall, Bible Drapers' executive director sounded optimistic.

Aged 59 Mr. Rose has tons of retail industry experience. Starting as a management trainee with M&S in 1972, he joined the Burton Group in 1989. However in 2004, he returned to the place he started from as the CEO.

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