10 January 2003
Gerry Murphy appointed as Kingfisher's
Following the announcement made on 30 October 2002, the Board of
Kingfisher plc has today formally confirmed the appointment of
Gerry Murphy as Chief Executive and a director of the Company with
effect from 3 February 2003.
Since July 2000, Gerry has been Chief Executive of Carlton
Communications plc. He has also been a non-executive director of
ONdigital 1998 plc and of Independent Television News Limited. He
was previously Chief Executive of Greencore Group plc, a leading
Dublin-based food company from 1991 to 1995, before becoming Chief
Executive of Exel plc - formerly NFC plc, one of the world’s
largest logistics and moving-services companies. He is a
non-executive director of Novar plc.
Gerry Murphy holds 100,000 Kingfisher shares which he acquired
on 8 January 2003 at a price of 200.5 pence.
The above information completes the disclosure obligations under
paragraphs 6.F.2.(b) to 6.F.2.(g) and paragraphs 16.4, 16.5 and
16.13 of the Listing Rules of the UK Listing Authority.
Notes To Editors
Kingfisher is Europe’s leading home improvement retailer
and is ranked number three in the world. The Company operates more
than 600 home improvement stores in 12 countries and enjoys
market-leading positions in the UK, France, Poland and Taiwan.
Sales for the Home Improvement sector for the year to 2 February
2002 were more than £5.8 billion, with retail profit in excess of
£430 million. Kingfisher also has a strategic alliance with
Hornbach, Germany’s leading big box home improvement
retailer, which operates 99 stores across Europe.
Kingfisher’s Electrical & Furniture business operates
more than 830 stores in nine countries. It is Europe’s third
largest electricals retailing business by sales and number two by
retail profit. As well as holding the leading position in France
with Darty and BUT and the number two position in the UK with
Comet, Kingfisher also enjoys leading positions in Belgium and in
the Czech and Slovak Republics. Sales for the year to 2 February
2002 were more than £3.7 billion, with retail profit of £184
Broker and Institutional Enquiries
Ian Harding, Director of Financial Communications
+44 (0) 20 7725 4886
Frederique Lepelletier, Head of IR, Europe
+33 (0) 1 42 27 7634
Jonathan Miller, Head of Corporate Comms, UK
+44 (0) 20 7725 5713
Graham Fairbank, Head of Corporate Comms, France
+33 (0) 1 43 18 52 26
The Maitland Consultancy
+44 (0) 20 7379 5151
+44 (0) 20 7724 7749