Ocado Retail chief executive Melanie Smith is stepping down from the online grocer after three years at the helm.
Her departure will bring to an end a five-year association with M&S, having initially joined the business as strategy director back in 2017.
Smith will be succeeded on an interim basis by Ocado Group non-executive director Lawrence Hene, who formerly served as deputy chief executive prior to the creation of the M&S partnership.
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