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M&S executives, staff denied bonus this year - CEO
May 20, 2014 / 11:55 AM / 4 years ago

M&S executives, staff denied bonus this year - CEO

LONDON (Reuters) - Marks & Spencer’s chief executive Marc Bolland said none of its executives or staff would receive a bonus this year, after the British retailer posted its third straight year of declining profits.

People walk past a Marks and Spencer store in Leicester, central England, November 4, 2009. REUTERS/Darren Staples

The company’s chief executive was speaking to reporters at an event on Tuesday.

Reporting by Sarah Young

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