Kingfisher appoints new FD
European retail giant Kingfisher has announced the appointment of Helen Weir as finance director.
She replaces Philip Rowley who, following the announcement of the group’s intention to demerge, has been appointed deputy chief executive and finance director of the new General Merchandise Company.
Kingfisher shocked the retail world earlier this month with its plans to split the company into two separately listed businesses early next year. The move prompted speculation that Kingfisher was to sell one or other of its new divisions, a rumour flatly denied by the group’s bosses.
Weir joined Kingfisher from B&Q where she was finance director since August 1997. She joined B&Q in 1995, having worked for McKinsey & Co since 1990.