Damian McGloughlin has resigned from his role as B&Q UK & Ireland retail director, and will take up the position of chief operating officer (COO) Bunnings
A B&Q spokesperson confirmed that Mr McGloughlin had resigned and told DIY Week that he is currently on gardening leave before "taking up a role with a competitor".
Meanwhile, a spokesperson for Bunnings confirmed that Mr McGloughlin would be joining the group in the role of COO and "will be supporting managing director UK & Ireland, PJ Davis in the roll out of Bunnings Warehouse stores in the UK". They were unable to confirm his start date with the company at this stage.
Last month it was announced that B&Q had appointed Christian Mazauric, head of its Brico Depot operations in Romania, to run B&Q in the UK & Ireland. He will assume his new role from July 1.
Bunnings parent firm Wesfarmers, which acquired Homebase last February, is continuing the momentum of its pilot store roll out in the UK.
The latest 64,000sq ft Bunnings Warehouse opened in Hemel Hempstead on Friday June 9. It is the third store now trading in the UK, following openings of two stores in St Albans, and locations for five new sites have been revealed. The next outlet will take over the Snowdon Drive Homebase in Milton Keynes. This large store is reportedly a more similar size to the traditional Bunnings stores in Australia and New Zealand.
Wesfarmers has vowed to invest £500 million in expanding the Bunnings store network over the next three to five years and plans to have 10 Warehouses trading in the UK by the end of 2017.