Habgood (pictured) said: 'It is with great regret that I have resigned as a director of Marks & Spencer. As chairman of Whitbread and after unexpectedly having had to resume the executive chairmanship of Bunzl in June, I have found it impossible to fulfil the time commitments necessary to remain on the board.'
Habgood joined M&S as a non-executive director in July last year and assumed the role of chairman at Whitbread, where he was previously non-executive director, on August 1 this year.
'We fully understand that in these circumstances Tony felt he could not continue as a non-executive director. I would like to thank him for his service on the board during the past year,' said M&S chairman Paul Myners.
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