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Kingfisher appoints new CFO

DIY retailer Kingfisher, which owns B&Q, has appointed Bernard Bot as its new chief financial officer (CFO).

Bot will take up the role on 21 October 2019 and will be appointed to the board of directors on that date. He will also become a member of the group executive team.

He joins most recently from Travelport Worldwide, a global technology platform for the travel industry. As Travelport’s CFO, Bot was responsible for finance, strategy, transformation and investor relations.

Prior to that, Bot was CFO of Aer Lingus where he was responsible for all aspects of finance, IT and procurement, and between 2005 and 2014, he held various positions at express delivery company TNT Express NV, including group CFO and interim group CEO.

According to Kingfisher, Bot has “significant” experience in large-scale transformation programmes, logistics and supply chain management, technology and digital services.

John Wartig, who joined Kingfisher as interim CFO on 8 April 2019, has been appointed to the newly created role of chief transformation and development officer.

He will remain on the group executive team, with direct responsibility for transformation, IT, business development and property, and will report to Thierry Garnier, Kingfisher’s CEO.

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.”

He added: “I am also delighted that John will be staying at Kingfisher as our Chief Transformation and Development Officer. In the short time he has been here, he has made a notable impact both in finance and in our ongoing transformation, our IT capabilities and our property portfolio.

“The knowledge he has built up already, as well as his expertise in these strategically key areas, will be extremely valuable for the business going forward.”

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