So farewell then, Sir Stuart Rose — or at least it will be when Marks & Spencer's chairman finally bows out of the company next March. Who, though, is the right man, or woman, to succeed Sir Stuart?
Here's one candidate that the executive headhunters JCA, asked to conduct the search, might like to consider: the City Minister Lord Myners, who will be out of a job in six weeks' time, assuming Labour is unable to cling on to government in the election.
There is certainly no questioning Lord Myners' experience: he has already done an acclaimed stint in the chairman's office at M&S, helping Sir Stuart fight off the takeover approach of Sir Philip Green. Maybe it is time for a reunion.