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LONDON, Jan 3 (Reuters) - British retailer Marks & Spencer
on Friday named former Tesco executive David
Surdeau as its interim chief financial officer, temporarily
filling a void left by the departure of Humphrey Singer.
Surdeau, who spent 15 years at Tesco, Britain's biggest
retailer, in various finance roles, will start on Jan. 7 and
report into group chief executive Steve Rowe.
Singer left M&S on Dec. 31. His departure was announced in
September after little more than a year in the role.
A spokeswoman for M&S said Surdeau was not a candidate for
the permanent CFO position.
M&S is due to update on its Christmas quarter on Jan. 9.
In November it reported a 17% drop in first-half profit,
dragged down by falling clothing sales, but said it was
confident it could fix its problems and return to growth.
M&S shares were down 1.5% at 1129 GMT, extending its losses
over the last year to 11.4%.
(Reporting by Tanishaa Nadkar in Bengaluru and James Davey in
London, Editing by Maju Samuel and Paul Sandle)
Tesco (TSCO)
Marks & Spencer (MKS)
