REG - Kingfisher PLC - Directorate Changes

KingfisherAnnouncement

06/01/2025 07:00

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RNS Number : 1517S  Kingfisher PLC  06 January 2025

6 January 2025

KINGFISHER PLC

 

DIRECTORATE CHANGES

 

Kingfisher plc ('Kingfisher', the 'Company') today announces the appointment
of Ian McLeod to its Board of Directors as a Non-Executive Director with
effect from 20 January 2025.

 

Ian is a seasoned retail executive with over 40 years of experience across
various different international markets, most recently as Group Chief
Executive at DFI Retail Group, overseeing operations across 13 countries in
Asia with over 10,500 retail outlets. Ian's career also includes leadership
roles at Asda and Halfords Group in the UK, Walmart International and CEO of
Coles Retail Group in Australia. He later joined Southeastern Grocers in the
United States as CEO before joining DFI Retail Group in 2017, based in Hong
Kong. In 2010, Ian was awarded an Honorary Doctorate in his native Scotland
for his contributions to business and retail.

 

Additionally, Catherine Bradley CBE, Senior Independent Director, has decided
not to stand for re-election and will therefore step down from Kingfisher's
Board of Directors at the conclusion of the Company's 2025 AGM. Catherine has
served on Kingfisher's Board for four years, during which time she has played
an important role in the Board's engagement with our colleagues and, in 2024,
successfully stewarded an orderly Chair succession process. Catherine has
indicated her desire to reduce her governance portfolio and dedicate
additional time to her other roles, including as non-executive chair of
interactive investor Limited. The Board would like to thank Catherine for her
valuable support to the Company, not least in her role as Senior Independent
Director, and wishes her well for the future. An announcement on the successor
for the Senior Independent Director role will be made in due course.

 

Commenting on the changes, Claudia Arney, Chair of Kingfisher's Board, said:

 

"We are delighted to have someone of Ian's calibre joining our Board. His long
and distinguished career in retail speaks for itself and the depth of
experience that he will bring will help support the execution of our strategic
initiatives. We look forward to welcoming Ian later this month and benefiting
from the new and valuable perspectives he will bring to the Board's
discussions.

 

Whilst Catherine will be remaining on the Board until our AGM in June 2025, I
would like to thank her for her many contributions to the Company over the
past four years both as Senior Independent Director and as the Board
representative on the Kingfisher Colleague Forum. In recent months Catherine
has led the Chair succession process and played a pivotal role in ensuring
that we have continuity of leadership at such an important time in
Kingfisher's strategic journey."

 

Enquiries:

 Investor Relations             +44 (0) 20 7644 1082  investorenquiries@kingfisher.com (mailto:investorenquiries@kingfisher.com)
 Media Relations                +44 (0)7773 129 567   corpcomms@kingfisher.com (mailto:corpcomms@kingfisher.com)
 Company Secretary              +44 (0)7768 806 248   secretariat@kingfisher.com (mailto:secretariat@kingfisher.com)

 

Notes:

This announcement is made in accordance with Listing Rule 6.4.6. The following
information is disclosed in accordance with Listing Rule 6.4.8:

Whilst at DFI Retail Group between June 2017 and July 2023, Ian was a director
of its associate companies Yonghui Superstores Co., Ltd, PT Hero Supermarket
Tbk, and Robinsons Retail Holdings, Inc. which are listed in Shanghai,
Indonesia and the Philippines, respectively.

 

Ian served as a director of Southeastern Grocers from April 2015 to June 2017.
Between March and May 2018, Southeastern Grocers implemented a
pre-packaged reorganisation through a voluntary Chapter 11 process.

 

There are no further matters to be disclosed in respect of Ian's appointment
under Listing Rule 6.4.8.

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