J Sainsbury plc welcomes new CFO Kevin O’Byrne

J Sainsbury plc welcomes new CFO Kevin O’Byrne
J Sainsbury plc welcomes new CFO Kevin O’Byrne


London, 2016-Nov-08 — /EPR Retail News/ — J Sainsbury plc today (07 November 2016) announces the appointment of Kevin O’Byrne as Chief Financial Officer. This follows the move of John Rogers from being CFO of J Sainsbury plc to CEO of Sainsbury’s Argos, following Sainsbury’s successful acquisition of Home Retail Group plc on 2 September 2016. Kevin will join the business on 9 January 2017 and will be a member of the J Sainsbury plc Board and the business’s Operating Board.

Kevin O’Byrne is currently CEO of Poundland Group.  Kevin previously held executive roles at Kingfisher plc from 2008 to 2015, including CEO of B&Q UK & Ireland and Group Finance Director. Prior to this, Kevin was Group Finance Director of Dixons Retail plc. Kevin is a Non-Executive Director and Chairman of the Audit Committee of Land Securities Group PLC.

Mike Coupe, Group Chief Executive of J Sainsbury plc, said: “I am delighted to announce the appointment of Kevin as Chief Financial Officer of Sainsbury’s. We are two years into the delivery of our strategy and this is an important time as we integrate the Argos and Habitat businesses into the group. Kevin brings a wealth of retail and finance experience and a track record in growing businesses. I very much look forward to welcoming him to the team.”

Kevin O’Byrne said: “Sainsbury’s is a strong business with a clear strategy and I am really excited about joining at this important point in Sainsbury’s journey. I look forward to working with Mike and the team from the New Year.”

Ed Barker will continue as Interim Chief Financial Officer until Kevin joins the business and will continue to have a leading role in the business.

No further information is required to be disclosed under LR9.6.13 of the UK Listing Rules.

Press Enquiries:
020 7695 7295.

Source: Sainsbury


Kingfisher executive director Kevin O’Byrne to step down from the Board on 15 May 2015

LONDON, 2015-3-31 — /EPR Retail News/ — In accordance with Listing rule 9.6.14(2), Kingfisher plc today announces that Kevin O’Byrne, an executive director of the Company, is to step down from the Board and leave the business on 15 May 2015. Mr O’Byrne will remain in his current role as CEO for B&Q UK & Ireland until this time allowing a smooth handover of his responsibilities, further details of which will be announced in due course.

Mr O’Byrne joined the Board in September 2008 as Group Finance Director where he played a key role in transforming the Group’s cash position during the financial crisis. In 2012 he became Divisional CEO of the Group’s interests in Turkey, China, Germany and the UK & Ireland. In 2013 he took full responsibility for running B&Q UK & Ireland.

Véronique Laury, Kingfisher’s Chief Executive Officer, said:

“I would like to thank Kevin for his contribution to Kingfisher over the last six years. He has played an important part in the development of the company over that time and I wish him well in the future.”

Kevin O’Byrne, CEO B&Q UK & Ireland said:

“I want to thank all the team at Kingfisher and in particular B&Q. It has been a privilege to work with so many passionate and talented people at Kingfisher and B&Q. The team at B&Q have created a stronger business over the last few years and I wish them, and all of Kingfisher, great success in the coming years.”

3 Sheldon Square
W2 6PX

Tel: +44 (0) 20 7372 8008