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27 Jun 2019 | 08:40

Kingfisher appoints Thierry Garnier as Chief Executive Officer

Kingfisher appointed Thierry Garnier as Chief Executive Officer to replace Véronique Laury.

Mr Garnier would be based at Kingfisher's headquarters in London and join Kingfisher in the autumn. The effective date of his appointment would be announced as soon as it is finalised, the company said. Mr Garnier is an experienced retailer having spent 20 years in senior roles at Carrefour, the French multi-national retailer, the company said. He is currently a member of the Carrefour Group Executive Committee and the Chief Executive Officer of Carrefour Asia, where he is responsible for over 350 stores in China and Taiwan, with 55,000 employees, and gross sales of over €6bn. In this role, Mr Garnier had established a successful track record of implementing business transformation in the face of significant competitive pressure and sector disruption.

At 8:40am: (LON:KGF) Kingfisher PLC share price was +6.5p at 212.3p

Story provided by StockMarketWire.com
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