Business
Termination Terms for Alan Stewart
Termination Terms for Alan Stewart.
About this update from Marks And Spencer Group Plc
[{"type":"text","content":"\n \nRNS Number : 5330N Marks & Spencer Group PLC 28 July 2014 \n \n\nMonday, 28 July 2014\n \n \n \n \n \nMarks and Spencer Group PLC: \nTERMINATION TERMS FOR ALAN STEWART\n \n \n \nMarks and Spencer Group plc confirms that Alan Stewart's employment as Chief Finance Officer will formally terminate following a period of garden leave by 1 December 2014. \n \nIn accordance with the M&S termination policy, which was approved by shareholders on 8 July 2014, all outstanding unvested awards made to Alan Stewart under the Defined Share Benefit Plan and the Performance Share Plan will lapse on termination. M&S will make no remuneration payments in lieu of notice or otherwise to Mr Stewart from the termination date.\n \n \nMarks and Spencer Group plc is pleased to announce that Carl Dawson will join the business from Tesco as IT Director on 1 September 2014. \n \n-Ends-\n \nFor more information, please call: \n \nCorporate Press Office 0208 718 1919 \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END BOASEWFLAFLSEIW\n ","length":2493,"tagName":"div"}]