Kingfisher names Karen Witts as new CFO
Current finance chief Kevin O'Byrne was named CEO of Kingfisher's B&Q division in February
DIY group Kingfisher named Karen Witts, a Vodafone finance executive, as the new group finance director at Europe’s largest home improvement retailer on Monday.
Witts, who will succeed FD Kevin O’Byrne, will join the board in October 2012.
Currently Vodafone's chief financial officer for Africa, the Middle East, Asia and Asia Pacific, Witts has held senior finance posts at BT Group, Grand Metropolitan, Mars and The Observer newspaper.
In February O'Byrne was named CEO of Kingfisher's B&Q division in February.
Ian Cheshire, Kingfisher’s group CEO said Witts’ “appointment will complete the group executive team at Kingfisher”.
“It is a strong, diverse senior management team, ready for the next phase of our growth plan under Kingfisher’s ‘Creating the Leader’ programme’,” Cheshire added.
Witts is a director of two Vodafone subsidiaries which are publicly listed on the Johannesburg and Nairobi stock exchanges.
Share:Facebook Twitter Google Plus Stumble Upon Reddit Share This Email this article
Tesco's announcement today that boss Philip Clarke is to leave proves that's no longer the casemore ..
The UK’s largest retailer appoints outsider Dave Lewis, president of personal care at Unilevermore ..
There were 30.64 million people in work in 3 months to May - a leap of 254,000 compared to previous quartermore ..
Failure to cooperate with ‘knowledge transfer' may affect DWP and MoJ contractsmore ..
Most CFOs are Baby Boomers or Generation X-ers – the difference in mindset is hugemore ..
With Pfizer's possible takeover of Astrazeneca in the spotlight we take a look at how pivotal the CFO is in such a dealmore ..