Bobby Arora Commits To B&M Until 2026

B&M has announced that Bobby Arora, its Group Trading Director, has agreed to a bonus package worth millions of pounds, to secure his commitment to the business.

In a statement, B&M said: 

"The Company has entered into an agreement with Bobby Arora, Group Trading Director, which will secure his commitment to the Company until at least March 2026. Bobby has played an instrumental role in developing the B&M customer proposition and delivering the Company's long term growth and profitability. However, as Bobby is not an Executive Director on the Board, he has historically not received a performance-based long term incentive plan award. The Board believes that continuing to align his interests with those of B&M is important to the long-term success of the business and has therefore entered into an agreement with Bobby which will deliver cash bonus payments over and above his normal remuneration package. The maximum additional bonus payable to Bobby Arora is £16m over a three year period through to the end of FY26 and is subject to a number of financial and performance criteria. 

"Following the smooth and successful Chief Executive succession last year, this retention package will ensure that B&M continues have a strong leadership team in place which will enable the Company to offer customers exceptional value for money and deliver long term value to all shareholders."

Source : B&M European Value S.A.

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