Kingfisher appoints Chief Executive of UK Division
Kingfisher has appointed Euan Sutherland as Chief Executive of its UK Division.
Sutherland, 39, is currently Chief Executive of AS Watson Health and Beauty UK, owner of the Superdrug and Savers retail businesses. He will take up his role in the next few months. Under this new management structure Mr Sutherland will assume day to day responsibility for B&Q, as Chief Executive, with the Managing Directors of Screwfix and Trade Depot also reporting directly to him. His role will have a seat on the newly created Kingfisher Retail Board, chaired by Ian
Cheshire.Commenting on the appointment Ian Cheshire said ‘I believe there is huge potential yet to be un-locked at Kingfisher by changing how the Group is managed, tightening our use of capital and driving out higher cash returns from our businesses. This appointment is a key step along the way and I am delighted that Euan has agreed to join us.’
