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Wednesday 09 October 2019 8:11 am  |  Updated:  Wednesday 09 October 2019 8:16 am

B&Q owner Kingfisher appoints new finance boss

By: James Booth

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HAYES, ENGLAND - APRIL 01: A customer looks at goods in a B & Q store on April 1, 2010 in Hayes, England. (Photo by Peter Macdiarmid/Getty Images)

B&Q owner Kingfisher has appointed a new chief financial officer, it said today.

Bernard Bot joins the home improvement group after his most recent role as finance boss of travel technology firm Travelport Worldwide which was New York-listed until June.

His appointment comes less than a month after chief executive Thierry Garnier took up his position at the business, which owns the UK’s B&Q and France’s Castorama.

Read more: B&Q owner Kingfisher suffers shareholder rebellion over executive pay

Bot will take up the role on 21 October, also joining the company’s board of directors and its executive team.

Kingfisher said that Bot was “integral to the repositioning” of his previous company Travelport “from a traditional travel content distributor to a digital-led commerce platform”.

Previous roles include chief financial officer at Aer Lingus, various roles at delivery company TNT and he was previously a partner at advisory firm McKinsey.

Read more: Profits slide and sales wane at B&Q owner Kingfisher

He is a non-executive director of shipping company A.P. Moller – Maersk and a member of its audit committee.

The company also said that interim chief financial officer John Wartig has been appointed to the newly created role of chief transformation and development officer.

Garnier said: “Bernard is a highly experienced CFO whose credentials and track record are ideally suited to Kingfisher. He played a central role in the successful transformations at both TNT and Travelport, where he also gained a deep knowledge of technology and digital services, and he has a career-long understanding of logistics and supply chain optimisation.”

Read more

Sizewell B granted 20-year life extension

Sizewell B nuclear power station in Norfolk with clear skies and surrounding landscape, highlighting energy infrastructure.

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