Kingfisher COO to step down from board at the end of January

Home improvement retail company Kingfisher said Friday that its Chief Operating Officer, Euan Sutherland, who will be resigning from the company in March 2013, will step down from the board at the end of January, and remain an employee of Kingfisher until the end of March to allow for an extensive handover of his responsibilities.

Home improvement retail company Kingfisher said Friday that its Chief Operating Officer, Euan Sutherland, who will be resigning from the company in March 2013, will step down from the board at the end of January, and remain an employee of Kingfisher until the end of March to allow for an extensive handover of his responsibilities.

Sutherland, who only took up the role in February 2012, is leaving the company to take up the role of Chief Executive Officer at The Co-operative Group.

The share price fell 1.68% to 280.30p by midday.

NR

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