Kingfisher PLC
13 January 2000
KINGFISHER ELECTRICAL SECTOR DEVELOPMENT
Kingfisher plc announces management changes to its electrical sector. The
Kingfisher electrical sector (KESA) provides the leadership structure for
Europe's third largest electrical stores group, which had annual turnover in
1998/9 of £2.7bn. The sector includes French market leader Darty, Comet, the
UK's No. 2, as well as operations in France, Germany, Belgium and Holland.
Philippe Frances, Executive Director of Kingfisher plc and Chief Executive of
KESA has appointed Roger Holmes as Chief Executive of KESA. Roger has been
Chief Executive Designate since June 1999. Kingfisher will also be proposing
that Philippe Frances will be appointed a member of the Castorama Supervisory
Board. He will continue as Chairman of the Supervisory Boards of Darty and
BUT and consequently, with his supervisory role for KESA and Liberty Surf,
Kingfisher's ISP joint venture with Group Arnault.
The KESA executive includes the Chief Executive, the Chairman and Managing
Directors of the sector's operating companies, as well as functional heads.
These are:
KESA Chief Executive - Roger Holmes, also an Executive Director of Kingfisher
plc.
KESA Senior Vice President - Jean-Noel Labroue, responsible for international
development and infrastructure. Formerly Chairman of the Board of Darty.
KESA Senior Vice President - Serge Amiard, responsible for sourcing.
KESA Finance Director - Martin Reavley.
Darty Executive Chairman of the Board - Jacques Planchot. Formerly Managing
Director of Darty.
Darty Managing Director (Paris Region) - Christian de Bronac.
BUT Executive Chairman of the Board - Daniel Fontaine.
Comet Managing Director - Rob Cissell. Succeeds Joe Riordan, who after five
years with Kingfisher, is returning to his native Canada. Rob was formerly
Commercial Director of Woolworths.
ProMarkt Managing Director - Philipp Spangenberg.
New Vanden Borre Managing Director - Vic Ragoen.
BCC Managing Director - Peter Brussel.
For further information:
Kingfisher plc +44 20 7724 7749
Website address www.kingfisher.co.uk
Media Enquiries
Gwen Gober, Director of Corporate Affairs +44 20 7725 5714
Broker and Institutional Enquiries
Keith Williams, Director of Investor Relations +44 20 7725 5776
France
Graham Fairbank, Head of Corporate Communications +33 1 43 18 52 26
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