Builders' Merchants News

Sutherland swaps B&Q for Co-op

Published:  20 December, 2012

Kingfisher, the owner of B&Q, lost a potential successor to its chief executive Ian Cheshire yesterday as the well-regarded senior director Euan Sutherland defected to Co-operative Group.

Mr Sutherland, who joined in 2008 as the chief executive of Kingfisher's UK and Ireland business and was appointed chief operating officer in February. He has been credited with overseeing the overhaul of B&Q's stores and almost doubling operating profits at the UK business to £238m. Sutherland will succeed Peter Marks at Co-op in March.