Essential reading for retailers and suppliers in the home improvement market

Kingfisher CFO resigns

Published: 15 October 2018 - Fiona Garcia
Kingfisher CFO Karen Witts has handed her notice in and will move to Compass Group
Kingfisher CFO Karen Witts has handed her notice in and will move to Compass Group

Kingfisher plc has announced the resignation of chief financial officer Karen Witts after six years on the board, to join multinational contract foodservice company, Compass Group plc as group chief financial officer.

The retail giant said its board will conduct a search for a replacement and Ms Witts will remain in her position at Kingfisher to allow a smooth handover of her responsibilities. The date of Karen’s departure will be confirmed in due course but she is set to replace Johnny Thomson at Compass Group, who is standing down from his and will leave by the end of December

Kingfisher CEO Véronique Laury said: “I am very grateful to Karen for the important role she has played in the implementation of Kingfisher’s transformation strategy and look forward to continuing to work with her over the coming months. I would also like to thank Karen for all of the support and wise counsel she has given me since joining the Board. I wish her all the best in her new role at Compass.”

The announcement follows news last month that Kingfisher chief offer & supply chain officer Arja Taaveniku is being replaced.

 

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

What do you think?


Have you seen a greater interest in tiling from younger consumers, as a result of social media influences?


Latest reader comments

re: Hardware store wins fight against music licence body

Will
I am treasurer or a sports and social club and have a £724 bill from PPLPRS. Part of the bill is for dance clases, but a lot of the cost is ...

re: The man who put the Q in B&Q visits latest store

B&Q bob
The old BQ that he built respected staff loyalty and rewarded those willing to learn extra to be able to advise customers. The new BQ cut ...

re: Builder wins Toolstation's prize draw pick-up

Rob Burns
First time in store Dudley. Steph helped me find what i was looking for, so now will be my first place to use....

re: Homeowners worry over-the-top smart security might attract burglars

AndyH
No Way,I call BS on that one. Burglars have always been detrerred by obvoius expensive alram systems, window marking and security lighting. ...

re: Kingfisher study reveals the home is more important to happiness than our jobs

B&Q bob
Ironic then that kingfisher has altered it's staffs Hours so we get to spend less time with our families in our homes than ever before. ...

Most read stories