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Evening Standard
Evening Standard
Business
Mark Banham

B&M hires DFS finance head Schmidt as CFO

DFS Mike Schmidt Alex Russo BM

Discounter B&M has hired DFS CFO Schmidt to head finance (Paul Faith/PA)

(Picture: PA Archive)

Value retailer B&M has poached Mike Schmidt the chief financial officer of furniture retailer DFS to head its own finance team.

The former UBS and Citi senior executive will succeed group CFO Alex Russo who was appointed in late May as CEO of the company replacing industry titan B&M boss and co-founder Simon Arora.

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