Kingfisher CEO Thierry Garnier to step down
Kingfisher has announced that Thierry Garnier has resigned as chief executive after nearly seven years in the role.
The B&Q and Screwfix owner has now begun a search for his successor that will include a review of both internal and external candidates.
Subscribe to TRBGarnier is leaving to become the next president and chief executive officer of Ahold Delhaize. However, Kingfisher said he will remain fully focused on his current role and as a member of the board during his 12-month notice period to ensure a smooth transition. His exact departure date will be confirmed “in due course”.
Claudia Arney, Kingfisher chair, said: ‘On behalf of the board, I would like to thank Thierry for his outstanding leadership and contribution as Kingfisher’s CEO.
“During his tenure, Thierry has overseen the launch and progress of our ‘Powered by Kingfisher’ strategy, led the company through the COVID-19 pandemic and driven many strategic innovations such as the launch of Kingfisher’s marketplaces and the development of our trade business, while also executing at pace on all our priorities.
“Under his leadership, Kingfisher has become a leading home improvement group underpinned by strong banners across the UK and Europe.
“Thierry has built an experienced leadership team who are well placed to continue delivering on our strategy and growth opportunities. We wish him the very best for the future.”
Prior to joining Kingfisher, Garnier worked for 20 years with Carrefour where his most recent role was chief executive of Asia, with responsibility for over 350 stores in China and Taiwan.
Garnier said: ‘It has been a real privilege to serve as Kingfisher’s CEO over these years. I am very proud of the progress we have made together and what we continue to build for the future.
“I remain focused on continuing to execute on our strategic plans with all my energies, so as to leave Kingfisher in the best possible shape for the future, and I look forward to ensuring a successful transition to my successor in due course.”
In March, Kingfisher announced that its total sales rose by 1.3% to £12.9 billion in the year to 31 January following the success of strategic growth drivers, range reviews, and favourable UK spring weather in 2025.
