Sir David Michels, the deputy chairman of Marks & Spencer, has been named non-executive chairman of Paramount Restaurants, the operator of the Chez Gérard, Caffè Uno, Bertorelli and Livebait restaurant chains.
The former Hilton Group chief executive’s decision to boost his bulging portfolio of directorships will fuel speculation that he does not plan to put his name forward as a candidate for the chairmanship of M&S when the search process begins next year
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