New Appointments for M&S’s Food Transformation Plan

  • Marks & Spencer appoints four new directors for its food business ahead of Ocado partnership
  • Tesco strategy director Pav Anand named head of food strategy
  • Sainsbury’s head of technical Lisa Raschia becomes head of produce and horticulture
  • Danish Crown supply chain director David Stokes appointed head of sourcing
  • PwC’s Laurissa Kuligowski joins as commercial strategy and operations director
  • New directors to report to George Wright, food commercial director of M&S
  • Transformation plan includes improving prices and supply chain for boosting sales volumes
  • £750m partnership with Ocado to sell food range online starting next year

Marks & Spencer (M&S) has appointed four new directors to its food business ahead of its partnership with Ocado, which is expected to go live next year. Tesco strategy director Pav Anand will lead as head of food strategy, Sainsbury’s head of technical Lisa Raschia becomes head of produce and horticulture, Danish Crown supply chain director David Stokes joins as head of sourcing, and Laurissa Kuligowski from PwC takes on the role of commercial strategy and operations director. These new appointments will report to George Wright, food commercial director of M&S. The retailer aims to improve prices and supply chain for boosting sales volumes through a multi-year transformation plan that includes modernizing its supply chain and lowering costs.

Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about the new appointments in Marks & Spencer’s food business and their plans for transformation. It includes quotes from senior management and mentions a significant partnership with Ocado.
Noise Level: 3
Noise Justification: The article provides relevant information about new appointments and plans within Marks & Spencer’s food business, but lacks in-depth analysis or exploration of long-term trends or consequences. It also does not offer actionable insights or solutions for readers.
Financial Relevance: Yes
Financial Markets Impacted: Marks & Spencer’s food business and its joint venture with Ocado
Financial Rating Justification: The article discusses changes in senior management at Marks & Spencer’s food business, which is relevant to the company’s financial performance and a partnership with Ocado that will impact online food sales.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There are no extreme events mentioned in this article.

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