Sep 17, 2014. /Lesprom Network/. Kingfisher’s Sir Ian Cheshire will step down as Group Chief Executive before the end of the current financial year and retire from the Board on 31 January 2015, as the company said in the press release received by Lesprom Network.Sir Ian will hand over the role of Group Chief Executive to Véronique Laury following a hand over process in the coming months. Ms Laury has been with Kingfisher for 11 years and is currently Chief Executive of the Castorama business in France. She is a member of the Group Executive Committee and will join the Kingfisher plc Board ahead of taking up her new role.Véronique Laury, Group Chief Executive Designate said: “Kingfisher is a strong business, well positioned in the home improvement market and I am delighted and honoured to be appointed as Group Chief Executive. Building on Sir Ian’s legacy we will reinforce our purpose to support those who want to improve their homes. In addition we will continue to create value for our shareholders.”
Kingfisher plc is Europe’s largest home improvement retailer.
Kingfisher announces Group Chief Executive succession plan. Sir Ian Cheshire to be succeeded by Ms Véronique Laury, Chief Executive of Castorama France, before the end of the current financial year.
