The billionaire boss of discount giant B&M is preparing to step down later this month.
Simon Arora has led the Liverpool-headquartered business for almost two decades but will leave his role on September 26. The date has just been announced by the listed company after his departure was first revealed in April.
Mr Arora will be succeeded by chief financial officer Alex Russo but will remain on the board as an executive director until the end of his notice period in April 2023. B&M operated 21 stores when it was acquired by brothers Robin, Simon and Bobby Arora in December 2004.
