Marks & Spencer's chief executive makes managerial changes - report
Mr Rose has reduced the number of top regional executives from nine to five, reported The Telegraph. The newspaper also said that two of the affected divisional executives, Peter Brigden and Allan Molloy, are leaving the company. The changes have been initiated by the company's retail director Guy Farrant. Sources close to the company told The Telegraph that these changes will not cause any disruption to the functioning of the stores. The Telegraph quoted an executive close to the company as saying: "This is about changing the way M&S does things."