DSG's financial director has left the company to join the B&Q group Kingfisher.
Kevin O' Byrne joins Kingfisher, which is set to implement changes to help its sales and profits recover, while DSG's (formerly Dixon) Currys and PC World flagship trains struggle with their own turnaround plans.
The move for O' Byrne signals a return to a FTSE 100 company following DSG's relegation from the index in December last year, the Guardian reported.
O' Byrne had initially been marked as a strong contended for the chief executive post but lost out to John Browett, who had been poached from Tesco.
But since Browett stepped in, DSG's figures have steadily declined. Shares traded at 159p 12 months ago but hit a recent low of 36.75p.
Kingfisher's FD Duncan-Tatton-Brown is on his way out, having informed the new chief executive Ian Cheshire of his intention to resign several months ago.
Further reading:
Currys to unite web and stores
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