Kingfisher PLC
10 January 2003
10 January 2003
GERRY MURPHY APPOINTED AS KINGFISHER'S CHIEF EXECUTIVE
Following the announcement made on 30 October 2002, the Board of Kingfisher plc
has today formally confirmed the appointment of Gerry Murphy as Chief Executive
and a director of the Company with effect from 3 February 2003.
Since July 2000, Gerry has been Chief Executive of Carlton Communications plc.
He has also been a non-executive director of ONdigital 1998 plc and of
Independent Television News Limited. He was previously Chief Executive of
Greencore Group plc, a leading Dublin-based food company from 1991 to 1995,
before becoming Chief Executive of Exel plc - formerly NFC plc, one of the
world's largest logistics and moving-services companies. He is a non-executive
director of Novar plc.
Gerry Murphy holds 100,000 Kingfisher shares which he acquired on 8 January 2003
at a price of 200.5 pence.
The above information completes the disclosure obligations under paragraphs
6.F.2.(b) to 6.F.2.(g) and paragraphs 16.4, 16.5 and 16.13 of the Listing Rules
of the UK Listing Authority.
- ends -
Notes to Editors
Kingfisher is Europe's leading home improvement retailer and is ranked number
three in the world. The Company operates more than 600 home improvement stores
in 12 countries and enjoys market-leading positions in the UK, France, Poland
and Taiwan. Sales for the Home Improvement sector for the year to 2 February
2002 were more than £5.8 billion, with retail profit in excess of £430 million.
Kingfisher also has a strategic alliance with Hornbach, Germany's leading big
box home improvement retailer, which operates 99 stores across Europe.
Kingfisher's Electrical & Furniture business operates more than 830 stores in
nine countries. It is Europe's third largest electricals retailing business by
sales and number two by retail profit. As well as holding the leading position
in France with Darty and BUT and the number two position in the UK with Comet,
Kingfisher also enjoys leading positions in Belgium and in the Czech and Slovak
Republics. Sales for the year to 2 February 2002 were more than £3.7 billion,
with retail profit of £184 million.
Broker and Institutional Enquiries
Ian Harding, Director of Financial Communications +44 (0) 20 7725 4886
Frederique Lepelletier, Head of IR, Europe +33 (0) 1 42 27 7634
Media Enquiries
Jonathan Miller, Head of Corporate Comms, UK +44 (0) 20 7725 5713
Graham Fairbank, Head of Corporate Comms, France +33 (0) 1 43 18 52 26
The Maitland Consultancy
Duncan Campbell-Smith +44 (0) 20 7379 5151
Kingfisher plc +44 (0) 20 7724 7749
Kingfisher website www.kingfisher.com
This information is provided by RNS
The company news service from the London Stock Exchange
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