Board announcement

RNS Number : 3021Q

Kingfisher PLC

11 October 2013

 



Embargoed until 10:00, Friday 11 October 2013

Board announcement

Kingfisher plc, Europe's largest home improvement retailer, announces that Kevin O'Byrne, CEO of B&Q and Koçtaş brands, will assume direct leadership of B&Q UK & Ireland, from today. Kevin is a Kingfisher plc director and Deputy Chairman of our joint venture in Turkey, Koçtaş.

Commenting on the change Ian Cheshire, Group Chief Executive said:

"Our customers and our market place continue to evolve very quickly and so now more than ever B&Q needs to redouble its efforts to ensure continued success. This move allows Kevin to focus fully with the team on the performance of B&Q and driving key initiatives to improve our customer offer, including the acceleration of the omni-channel strategy. To support this I will assume responsibility for our businesses in China and Turkey."    

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Enquiries

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COMPANY PROFILE

Kingfisher plc is Europe's leading home improvement retail group and the third largest in the world, with 1,069 stores in nine countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher also operates the Koçtaş brand, a 50% joint venture in Turkey with the Koç Group, and has a 21% interest in Hornbach, Germany's leading large format DIY retailer.

 

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