Sainsbury's poaches Kevin O'Byrne from Poundland

J Sainsbury plc today (7th November) 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.

Source : Sainsbury's Press Release 
www.j-sainsbury.co.uk

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