Marks & Spencer exec director Laura Wade-Gery will not return to the business following her maternity leave. Wade-Gery took maternity leave, which she extended to a year in December, after the birth of her first child. M&S revealed in a stock exchange announcement today that she would not return to the business after her maternity leave and would leave the company at the end of the month. She will step down from the board with immediate effect. Wade-Gery had been thought to be in the running for the top job following the resignation of former Chief Executive Marc Bolland. It is not known whether she will return to work or remain a stay-at-home parent.