UK's M&S taps Rightmove's Alison Dolan as finance chief
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 29 2024
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Source: reuters
- Marks & Spencer Appoints Alison Dolan as CFO: Marks & Spencer has named Alison Dolan as its new chief financial officer following strong financial results and the announcement of its first yearly dividend since 2019.
- Alison Dolan's Background: Dolan joins M&S from Rightmove and has experience in fast-paced, digitally led businesses, having previously worked at News UK and Sky Plc.
- Transition Period: The current interim CFO, Jeremy Townsend, will continue until May 2025, with Dolan's starting date yet to be determined.
- Market Response: M&S shares closed slightly higher at 302.8 pence per share after the news of Dolan's appointment.
- Rightmove's CFO Search: Rightmove, Dolan's previous employer, is now searching for a new CFO as she transitions to her new role at Marks & Spencer.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
