Age, Biography and Wiki
Stuart Machin was born on 1971 in British, is a British businessman, CEO of Marks & Spencer. Discover Stuart Machin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 53 years old?
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53 years old |
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He is a member of famous Businessman with the age 53 years old group.
Stuart Machin Height, Weight & Measurements
At 53 years old, Stuart Machin height not available right now. We will update Stuart Machin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Stuart Machin Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Stuart Machin worth at the age of 53 years old? Stuart Machin’s income source is mostly from being a successful Businessman. He is from . We have estimated Stuart Machin's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
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Under Review |
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Timeline
Stuart Machin (born 1970) is a British business executive and the chief executive (CEO) of Marks & Spencer.
He became CEO on 25 May 2022 when Steve Rowe stepped down.
Machin is responsible for day-to-day leadership, with Katie Bickerstaffe as co-CEO in charge of online operations and data.
Reuters called this an "unconventional leadership structure".
Machin joined the retail management scheme at Sainsbury's when he was 18.
In 2013, he attended the Harvard Business School advanced management program (AMP).
Machin started his career in retailing as a teenage shelf stacker at a Sainsbury's Savacentre in Hempstead Valley Shopping Centre outside Gillingham, Kent.
He worked for Sainsbury's, Tesco and Asda in increasingly senior roles, followed by ten years in Australia working for the Wesfarmers conglomerate as operations director of Coles and managing director of Target Australia.
He resigned as managing director of Coles in April 2016 because of accounting irregularities that he was unaware of but "happened on [his] watch".
He then became CEO of Steinhoff UK, before being headhunted to join Marks & Spencer (M&S) as managing director (MD) of its food division.
Machin joined M&S in May 2018.
According to the Retail Gazette, at the time, M&S food had been underperforming, and Machin managed to get it "firing on all cylinders again".
In February 2019, M&S announced it was paying £750m for a 50% stake in a joint venture called Ocado Retail Limited, replacing Ocado's previous retail partner Waitrose which had recently started its own standalone food delivery proposition.
As part of the deal, Machin became a non-executive director of the new joint venture.
In May 2021, Machin was given the additional role of joint chief operating officer (COO), alongside Katie Bickerstaffe.
This saw Machin assume responsibility for HR, IT, Property & Store Development, and Central & Store Operations, in addition to his role as food MD.
In March 2022, it was announced that Machin would succeed Steve Rowe as CEO of M&S, while Bickerstaffe would become co-CEO.
Machin assumed his new role on 25 May 2022 and joined the board.
Upon becoming CEO, Machin launched "Straight to Stuart", a scheme that allows staff to share views and ideas with him for improving M&S.
Two ideas quickly adopted by Machin were Megan Tomkies' suggestion that staff with a stammer or speech impediment could wear a corresponding symbol on their lapel badges, and Bowel cancer survivor Cara Hoofe's suggestion to have Bowel Cancer symptoms listed on toilet roll packaging and in store toilets.
In August 2022, Machin said that London's Oxford Street was in danger of becoming a "dinosaur district destined for extinction", and has been vocal in support of the controversial planned demolition and redevelopment of M&S's flagship store there, close to Marble Arch.
Machin lives in south London, and his hobbies are music, theatre, politics, food, fashion, and walking his dog, Kostas.