Lord Rose appointed Zenith chairman
Former Marks & Spencers chief executive Lord Rose has joined Zenith as chairman.
The appointment follows Zenith’s acquisition in January for £750m by European private equity group Bridgepoint and will see Lord Rose hold the Zenith role alongside chairman positions at Ocado and Fat Face. Lord Rose is also a non-executive director of Woolworths Holdings in South Africa and a member of Bridgepoint’s Advisory Board, and has previously held chief executive positions at Argos, Booker and Arcadia Group.
Lord Rose said: “I am impressed by Zenith’s growth story: The UK fleet services market is a large, growing and resilient market so we will all have even more to go for. I very much look forward to working with the team.”
Tim Buchan, chief executive officer of Zenith, added: “I’m delighted that Stuart is joining Zenith as our chairman. He’s had a fantastic business career and has unparalleled experience in understanding the consumer, all of which will be important to the future development of our company.”For more of the latest industry news, click here.