Former M & S executive joins Southern Co-op

SOUTHERN Co-operatives have named former Marks & Spencer executive Mark Smith as the society&#039s new Chief Financial Officer. Mr Smith, who lives in Hampshire near the society&#039s Fareham...

SOUTHERN Co-operatives have named former Marks & Spencer executive Mark Smith as the society&#039s new Chief Financial Officer.

Mr Smith, who lives in Hampshire near the society&#039s Fareham head office, has spent most of his professional career in retailing and held senior finance and business development posts with M & S, though for the past four years he has worked for British Waterways.

He said: "My time at BW was a great opportunity to undertake a number of business change projects, but crucially it also introduced me to the concept of the commercial not for dividend business model. I am now looking forward to using this experience to maximum effect with the Co-op which, of course, has a very similar mutual ethos.

"The Co-op is a fantastic brand with a tremendous history and huge potential for the future. I am very excited at the prospect of working with colleagues to grow the business in Southern England."

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