Kingfisher beefs up board
DIY retailer Kingfisher has beefed up its board with the appointment of three new executive directors.
DIY retailer Kingfisher has beefed up its board with the appointment of three new executive directors.
Karen Witts, who was named as Group Finance Director in July, will take a seat on the board on October 1st when she joins the company.
Sitting around the table she will find new boys Euan Sutherland and Philippe Tible. Sutherland is Kingfisher's Group Chief Executive while Tible is Kingfisher Divisional Chief Executive officer, Castorama and Brico Depot. responsible for Kingfisher's businesses in France, Poland, Russia and Spain.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The appointments are part of a planned evolution of the Kingfisher board, following the announcement of the new senior management structure in February and the launch of the group's "Creating the Leader" plan in March.
"These changes mean that all five of Kingfisher's Group Executive will now be on the main board," noted Ian Cheshire, Kingfisher's Chief Executive Officer.
JH
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published