Véronique Laury is Kingfisher's new CEO | RetailDetail

Véronique Laury is Kingfisher's new CEO

Véronique Laury is Kingfisher's new CEO

DIY company Kingfisher has appointed Véronique Laury as its new CEO. The French woman will succeed Ian Cheshire, who will leave Kingfisher in January after 7 years in charge.

Years of experience

 

Currently, Laury runs Castorama, Kingfisher's French chain. She has been with the company for 11 years and has had different positions, like commercial director at B&Q. She started her professional life at another French DIY chain, Leroy Merlin, in 1988, and she has never left the branch since then.

 

She expects to hit the ground running once she takes over as CEO. "I know the business, I know the industry and I know the people. We [Laury and Cheshire] have been working together or not so closely according to the type of roles I have had. We are not an Anglo Saxon company; we are an international company. From my experience at B&Q I don't think there are that many differences. You have to respect the people and from a leadership point of view you do what you say", she told The Guardian.

 

Cheshire's departure surprised analysts, but he decided to take a step back as there are changes coming in the next few years and he was reluctant to lead the company for another 5 years.

Questions or comments? Please feel free to contact the editors


Frank van Oers is new head Intergamma

27/07/2018

Frank van Oers is the new president of Dutch DIY group Intergamma's supervisory board. His task is to strengthen the position of chains Gamma and Karwei, and to expand their online presence.

Maxeda raises profits despite smaller turnover

23/07/2018

Dutch DIY company Maxeda has published mixed results for its latest fiscal year: turnover shrank but net profits went times three, the Netherlands painted a better picture than Belgium.

Belgian paint web shop Deverfwebshop.be expands into France

14/05/2018

An expansion into Wallonia and France beckons for Belgian paint web shop deverfwebshop.be and its new counterpart boutiquepeinture.fr. Moreover, the company is looking for a new financial partner to help with this move.

Hornbach exceeds four billion euro turnover

23/03/2018

German DIY chain Hornbach’s turnover surpassed 4 billion euro in the past fiscal year. The overall turnover growth was 5.1%: the Dutch market achieved double-digit growth, but the German home market stagnated.

Kingfisher spearheading the circular economy

13/02/2018

Kingfisher has been one of the front runners in transforming its business into a more circular business. The focus? Smarter consumption and get 'more from less'.

Les Mousquetaires acquires Bricorama

05/01/2018

The French Bureau of Competition has approved franchise group Les Mousquetaires' acquisition of DIY chain Bricorama. The deal will catapult Les Mousquetaires into the third position in the French DIY industry.