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Marc Bolland

Marc Bolland (born 28 March 1959) is a businessman renowned for his extensive leadership in the and consumer goods sectors, having served as of Wm Morrison Supermarkets PLC from September 2006 to December 2009 and of Group plc from May 2010 to April 2016. Born in , , Bolland earned an MBA from the before joining as a graduate trainee in 1987, where he advanced through international management positions, including Managing Director of Heineken Slovensko from 1995 to 1998, Managing Director of Heineken Export Group Worldwide from 1999 to 2001, Executive Board Member from 2001 to 2006, and Chief Operating Officer from 2005 to 2006. During his tenure at , he gained experience in challenging markets, such as turning around a state-owned brewery in the and operations in the Democratic Republic of Congo. At , Bolland oversaw significant expansion and integration efforts following the acquisition of , strengthening the company's position in the UK supermarket market. He then led through a strategic turnaround, emphasizing improvements in , homeware, and divisions amid competitive pressures. Since 2016, Bolland has held senior roles at , including Head of European Portfolio Operations from September 2016 to January 2022, Chairman of Blackstone Europe from January 2022 to December 2023, and Senior Adviser at Blackstone Group International Partners LLP since January 2024. Bolland has been a director on several high-profile boards, including since 2015, Exor N.V., Inc. from 2004 to 2015, and International Consolidated Airlines Group, S.A. from 2016 to 2020. From October 2018 to August 2020, he acted as Lead Non-Executive Director at the UK Department for International Development. Beyond corporate leadership, Bolland is committed to social initiatives; he founded The Movement to Work in 2012, which has provided over 200,000 work experience and job opportunities to young people facing barriers as of 2023, and co-founded The Learning Passport in 2016 to support education for disadvantaged youth, which has reached over 10 million children and young people as of 2025. He also serves as of and as a Trustee of the Royal Academy of Arts.

Early life and education

Early life

Marc Bolland was born on 28 March 1959 in , a town in the located about 60 miles southeast of . He grew up as the younger of two sons in a family with Dutch roots, alongside his older brother Martin. His father, Jan Bolland, who was 90 years old in 2010, had spent his own childhood in during its period as a Dutch colony, instilling a cosmopolitan perspective in the family that would later influence Bolland's international career outlook. Details of Bolland's childhood experiences in remain limited in public records, though the town's provincial setting provided a stable environment prior to his transition to university studies in .

Education

Marc Bolland, originating from the , attended the , a prominent institution in his home country, where he focused on advanced studies in . He graduated with a Master of Business Administration (MBA) degree in the early 1980s, equipping him with essential management skills for an international career. Prior to his MBA, Bolland earned a from Hotelschool The Hague, which provided initial training in hospitality and operational management. At the , his coursework emphasized core principles of business strategy and organizational leadership, offering early exposure to concepts in and that would shape his professional trajectory in multinational environments. This academic foundation, completed just before joining Heineken as a graduate trainee in 1987, highlighted Bolland's preparation for roles requiring analytical and strategic acumen in consumer goods sectors.

Professional career

Heineken

Marc Bolland joined N.V. in 1987 as a management trainee following his MBA from the , beginning his career in various marketing and sales management positions in the . Over the next several years, he held international roles, including work in the and as Managing Director of Heineken Slovensko in from 1995 to 1998, where he oversaw operations in . In 1999, Bolland advanced to Managing Director of Export Group Worldwide, a responsible for a global distributor network, managing export operations across multiple regions until 2001. That year, he joined Heineken's Executive Board, taking on responsibilities for , the , , Northern Africa, and , which involved driving international expansion and coordinating management efforts in the and abroad. His tenure on the board from 2001 to 2006 emphasized operational oversight and strategic growth in diverse markets. Bolland was appointed Chief Operating Officer in 2005, a role he held until July 2006, during which he managed Heineken's , , and executive-level functions. Key achievements included improvements to the and enhancements to , building on his extensive experience in international management to support the company's worldwide expansion. These efforts contributed to Heineken's across its international portfolio.

Morrisons

Marc Bolland was appointed chief executive of Wm Morrison Supermarkets plc in September 2006, succeeding Bob Stott after a period of leadership transition following the retirement of founder Sir Ken Morrison. With no prior experience, Bolland drew on his operational expertise from nearly two decades at to stabilize the company, which was still recovering from the disruptive 2004 acquisition of . His tenure emphasized and efficiency in the UK grocery sector, where held a strong position in fresh food production and . Key initiatives under Bolland included significant enhancements to leverage ' manufacturing capabilities, particularly in fresh produce and own-label items, which differentiated the retailer from competitors focused on non-food categories. He accelerated store expansions, identifying over 100 potential sites for new and convenience formats to broaden reach, while addressing the post-Safeway by streamlining operations and divesting underperforming assets. In 2009, Bolland completed the acquisition of 38 stores from and , bolstering ' presence in without pursuing larger hostile bids. Financial performance improved steadily during Bolland's leadership, with annual turnover rising from £12.1 billion for the year ended January 2006 to £15.4 billion by the year ended 2010, driven by like-for-like growth averaging around 5-6% annually. Pre-tax profits also climbed, reaching £655 million in the year to 2009, reflecting cost savings from investments and robust demand for fresh and value products amid economic pressures. Like-for-like excluding increased by 7.9% in that period, underscoring the effectiveness of Bolland's focus on core grocery strengths. Bolland departed in January 2010, earlier than initially planned, to assume the chief executive role at , motivated by the opportunity to tackle broader retail challenges across food and general merchandise. His exit left the company in a stronger position, with chairman Sir Ian Gibson temporarily leading until a successor was appointed.

Marks & Spencer

Marc Bolland was appointed Chief Executive of (M&S) in May 2010, succeeding during a challenging period marked by declining like-for-like sales amid the global financial recession. In the years leading up to his arrival, M&S had experienced significant sales drops, including a 7.1% decline in like-for-like sales over the period of 2008 and a 4.2% fall in early , reflecting broader high-street struggles. Bolland, bringing expertise from his prior role at , focused on revitalizing the retailer's diverse operations in food, clothing, and homeware. Under Bolland's leadership, M&S pursued major transformation initiatives to modernize the business and enhance customer appeal. He expanded the existing Plan A sustainability program, originally launched in 2007, to 180 commitments by 2015, aiming to make M&S the world's most sustainable major retailer; by 2012, this had delivered £185 million in net benefits through cost savings and efficiency gains, with an additional £145 million reinvested from sustainable practices in 2014 alone. The company also invested heavily in store refits and refurbishments, including revamping layouts and supply chain efficiencies, which contributed to a stronger balance sheet despite increased capital expenditure. To drive digital growth, Bolland boosted online sales through e-commerce enhancements, such as personalization initiatives and targeted campaigns, aiming to capture more of the 19 million annual in-store customers online by 2014. Despite these efforts, Bolland faced persistent challenges, particularly in the sector, where sales slumps eroded progress. General merchandise, including and , saw 14 consecutive quarters of like-for-like declines by late 2015, with a notable 5.8% drop during the 2014-2015 holiday season attributed to unseasonably warm weather and availability issues. Financial results reflected these struggles, with underlying pre-tax falling for the third consecutive year to £623 million in 2014, prompting Bolland to forgo his performance-related bonus. While the food division thrived—benefiting from Bolland's grocery background—the arm continued to lose , highlighting ongoing issues with product appeal and pricing. Bolland departed as CEO in April 2016 after six years, leaving a mixed legacy of operational improvements and financial stability in food and international segments, contrasted by unresolved challenges that hampered overall recovery. His tenure strengthened M&S's credentials and presence but underscored the difficulties in reviving the retailer's core amid shifting preferences.

Blackstone

In September 2016, Marc Bolland joined as Senior Operating Partner and Head of European Portfolio Operations for its business. In this role, he was tasked with driving growth and adding value to 's portfolio companies across , leveraging his extensive experience in retail leadership from to enhance operational oversight. Bolland's responsibilities include overseeing the operational performance of portfolio companies throughout , focusing on improvements in , strategic , and value creation initiatives. He has contributed to portfolio expansions by advising on investments and operational strategies, particularly in sectors such as and consumer goods, where his prior CEO roles informed targeted enhancements. As of 2025, Bolland continues in a senior capacity at , serving as Chairman of and Chairman of Blackstone Group International Partners LLP, while also acting as a Senior Advisor to support ongoing European operations.

Philanthropy and other activities

Movement to Work

In 2013, while serving as chief executive of , Marc Bolland founded Movement to Work (MtW), a aimed at addressing in the . The initiative was inspired by the 2011 riots in , where Bolland personally visited affected areas and witnessed the disillusionment among young people amid high rates, which were four times the national average at the time. This experience prompted him to create a collaborative effort to provide work opportunities for those facing barriers to . Movement to Work operates as a registered charitable incorporated organization (charity number 1160325) structured as a not-for-profit of employers, working in with departments, providers, and youth organizations. Its primary focus is on young people aged 16 to 30 who are not in , employment, or (NEET), offering them high-quality, fully funded work placements, vocational , and employability support to break the cycle of "no experience, no job." The provides employers with free resources, including dedicated account management, best-practice tools, networking events, and impact measurement, enabling businesses to integrate these opportunities into their strategies without cost. Under Bolland's ongoing leadership as founder and chairman, Movement to Work has achieved significant scale, delivering over 200,000 opportunities by 2023, including work placements linked to potential jobs. These initiatives have demonstrated strong outcomes, with 89% of participants in 2022 progressing to , , or , contributing to broader reductions in and enhanced . The charity collaborates with prominent employers such as and , alongside others like , , and , to ensure diverse opportunities across sectors including , , and . Bolland's commitment extends beyond founding, as he continues to guide the organization's strategic direction and expansion goals.

Learning Passport

Bolland co-founded The Learning Passport in 2019, a digital platform developed in partnership with to provide accessible and skills development for disadvantaged youth in humanitarian and low-resource settings. The initiative aims to bridge educational gaps by offering free, mobile-friendly courses in languages including , English, , and , focusing on vocational skills, , and . As of 2024, it has reached over 9.8 million learners across 45 countries, supporting UNICEF's mission to ensure every child completes . Bolland serves as Founding Chair of its Leadership Council, guiding strategy and fundraising.

Board positions and affiliations

Marc Bolland serves as Non-Executive Chairman of Polymateria Ltd, a UK-based company focused on developing biodegradable plastic technologies to address plastic pollution. In this role, he provides strategic guidance on sustainability initiatives, leveraging his experience in consumer goods to support the company's innovation in environmentally friendly materials. His appointment as Chairman occurred in July 2020 during a funding round led by Planet First Partners. Bolland was a on the board of Exor N.V., the investment holding company controlled by the , until his term expired at the annual general meeting on May 22, 2025. During his tenure, which began prior to 2021, he contributed to the Compensation and Nominating Committee, offering insights into global consumer trends and portfolio operations informed by his background. He previously served as a Director of from April 2015 until his retirement effective August 2024, as announced in July 2024. In this capacity, Bolland advised on international strategy and consumer engagement, drawing from his retail leadership experience. Beyond corporate boards, Bolland holds affiliations in the non-profit sector. He has been a Vice President of since 2012, supporting advocacy for and serving as Founding Chair of its Council to enhance governance and fundraising efforts. Additionally, he is a of the Royal Academy Trust (formerly Royal Academy Development Trust), associated with the Royal Academy of Arts, where he contributes to cultural and educational initiatives. Bolland was elected Vice Chairman of the Consumer Goods Forum in 2014, a position in which he promoted collaborative efforts on and issues among global retailers and manufacturers.

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