Philippe Tible is leaving Kingfisher

Philippe Tible, CEO of the Castorama and Brico Dépôt brands within the Kingfisher Group, will leave the board of the British multinational at the end of July and will step down from the group executive team. However he will remain in the company until the end of the financial year in order to accompany the announced negotiations for the takeover of the French Group, Mr. Bricolage. Tible has worked for Kingfisher for the last eleven years and was appointed to the executive board in 2012. Véronique Laury, CEO of Castorama France, and Alain Souillard, CEO of Brico Dépôt France, Spain, Romania and Portugal will move up to join the executive group team effective 1 July 2014. In the future, the Kingfisher sales divisions in Poland and Russia will report directly to the Group Chief Executive Ian Cheshire.