Kingfisher makes high-level changes
Saturday 11 February 1995
Kingfisher has been under pressure to beef up the operational management at its subsidiaries after a disastrous trading statement last month showed that Woolworths and Comet were the group's two main problem areas. Sir Geoff Mulchay, who was demoted from executive chairman to chief executive following the profits warning, made changes at both yesterday.
Eddie Styring, a Kingfisher old hand, returns to Comet as chairman after five years away. Mr Styring, who worked at Comet in the late 1980s and at Dixons before that, is being brought in over the head of Brent Wilkinson, who remains managing director.
At Woolworths, where Roger Jones took over as managing director late last month, two new trading directors have been appointed, though both are internal moves. Saeed Hattea, a former Marks & Spencer man, is leaving the company as a result.
At B&Q, now under renewed pressure following Sainsbury's takeover of Texas Homecare last month, Martin Toogood, is being drafted in as managing director. He moves across from Woolworths.
Nigel Whittaker, Kingfisher's corporate affairs director, denied the moves were to give the impression of change when no new blood was coming in.
- 1 British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
- 2 Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
- 3 Welcome to Cameroon, where drinking Baileys can lead to imprisonment
- 4 Lego breaks out of the toy box and heads for the gallery
- 5 Vogue under fire for 'Big Booty' article
British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
Jihadi John': MI5 may have identified Isis militant who killed David Haines but options limited
Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
David Haines beheading: David Cameron says Britain will hunt down Isis 'monsters' shown in video murdering aid worker
Piers Morgan attempts to save the Union by promising to go back to the US if Scotland votes 'No' to independence
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Salmond accused of laughing off national debt with ‘what are they going to do: invade?’ joke
iJobs Money & Business
£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
£35000 - £38000 per annum + Benefits: Ashdown Group: Training Coordinator / Pl...
Data Governance Manager (Solvency II) – Contract – Up to £450 daily rate, 6 month (may go Permanent)
£400 - £450 Per Day: Clearwater People Solutions Ltd: We are currently looking...