M&S CEO to also take on clothing and home leadership

(Reuters) - Marks and Spencer <MKS.L> said its managing director of clothing and home Jill McDonald would leave the company nearly two years after taking the role, with CEO Steve Rowe taking over leadership of those businesses directly in the near term.

"The business now needs to move on at pace to address long-standing issues in our Clothing and Home supply chain around availability and flow of product. Given the importance of this task to M&S I will be overseeing this programme directly," Rowe said in a statement.

(Reporting by Noor Zainab Hussain in Bengaluru;Editing by Elaine Hardcastle)