DIYWEEK.net

 

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(Your email address will not be published)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?

RANGE REVIEW: Security & Safety


Are we seeing a rise in consumers interested in smart home security?



Latest reader comments

re: A guide to construction safety for home builders

Daniel Wood
Safety should always be the first priority. If followed properly, these precautions are all we need to tackle all unwanted accidents. I ...

re: Further Homebase closures ahead

Shaun Collorick
Cheltenham homebase has closing down signs outside, but not Gloucester homebase.... Yet!...

re: B&Q sales slide, as Screwfix decision to exit German market costs millions

B&Q bob
No surprises from us on the shopfloor management paralysed by fear of jobs and to weak to take chances so bumble around. Ranges boring, and ...

re: Further Homebase closures ahead

Miss l'a tesha gc Wilson
Please keep me updated regards all Store closures Thank you...

re: Graham Bell to head up B&Q as part of Kingfisher reshuffle

Peter Earl
I HOPE GRAHAM BELL THE NEW CEO OF B&Q GETS TO GRIPS OF THE COMPANY VERY SOON.MY WIFE WENT FROM SHADOXHURST TO GILLINGHAM TO GET SOME ...

Most read stories

https://www.diyweek.net/kingfisher-cfo-resigns