Dixons Carphone FD Humphrey Singer to replace Weir as M&S CFO

Marks and Spencer said on Wednesday that Humphrey Singer - currently group finance director at Dixons Carphone - will replace Helen Weir as chief finance officer.

Weir, whose departure had already been announced, will be leaving the retailer at the end of March to pursue a portfolio career. M&S said Singer will take up his appointment on a date to be confirmed.

Singer has been group FD of Dixons Carphone since 2014 following the merger of Dixons Retail with Carphone Warehouse. His early career included finance roles at Cadbury Schweppes and Coca-Cola Enterprises UK Limited.

Chief executive Steve Rowe said: "As we embark on our five-year transformation programme, Humphrey will be a great addition to the top team. His experience as part of the team that led Dixons through its period of change and migration to multi-channel retailer is most relevant to what we are undertaking here. This, coupled with his retail expertise and eye for detail and cost, will be very important to our team dynamic as we move forward."

Singer said: "Under Steve M&S is changing and there's no better time to be joining the team that is transforming the business."

At 0955 GMT, the shares were up 1.8% to 324p.