Marks & Spencer has poached Laura Wade-Gery from Tesco to be its executive director multi-channel ecommerce.
Wade-Gery is currently chief executive of Tesco.com and Tesco Direct. She was also due to take over Tesco’s UK non-food operation when boss Sir Terry Leahy retires in March and Philip Clarke takes the reins and shakes up the management team.
It is unclear when Wade-Gery will join M&S and what the terms of her appointment will be.
Tesco has appointed Per Bank commercial director for Tesco’s UK clothing, electricals and general merchandise from March - the role which Wade-Gery was due to take up. Bank is currently chief executive of Tesco Hungary.
M&S chief executive Marc Bolland said: “I am delighted that Laura is joining the Executive Team. Her appointment is in line with the plans we announced last November to grow our multi-channel e-commerce business both in the UK and internationally. Laura brings a wealth of relevant experience to M&S and we are all very much looking forward to working with her.”
Robert Swannell, M&S chairman, said: “On behalf of everyone at M&S I would like to welcome Laura to her new role. She will be a real asset to the board debate and the development of our online channel.”
Wade-Gery said: “I am really looking forward to joining the team. M&S is an iconic brand, and has huge potential to develop a multi-channel offering for its customers.”
Tesco’s Clarke said: “I am grateful to Laura for the contribution she has made to the success of Tesco and wish her well for the future.”