Thierry Garnier, the chief executive of Kingfisher, the parent company of B&Q and Screwfix, has announced his departure after seven years at the helm. He will be taking on the role of president and chief executive at Ahold Delhaize, a Netherlands-headquartered supermarket conglomerate.
Departure Details
Garnier's exact exit date from Kingfisher remains unconfirmed, though he is subject to a 12-month notice period. He will continue to lead the company until a successor is appointed. It is anticipated that he will begin his new position at Ahold Delhaize around April 2027, succeeding the outgoing chief executive Frans Muller.
Tenure at Kingfisher
Garnier joined Kingfisher in September 2019, steering the company through the challenges of the Covid-19 pandemic and implementing significant strategic initiatives. His leadership saw the company navigate shifting retail landscapes, with a focus on home improvement and trade services.
The move marks a significant shift for Garnier, who will now oversee a major European supermarket chain. Ahold Delhaize operates brands such as Albert Heijn, Delhaize, and Stop & Shop, positioning Garnier at the forefront of the grocery sector.
Kingfisher's board has initiated a search for Garnier's replacement, ensuring a smooth transition during this period of change.
