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Evening Standard
Evening Standard
Business
Michael Hunter

Chair of B&Q owner Kingfisher to step down after string of profit warnings

The City grandee chairman of the owner of B&Q is stepping down, it announced today, in a move which has followed a string of profit warnings.

Kingfisher said Andrew Cosslett “decided not to stand for re-election” and would leave the home improvement retailer after its annual general meeting in June. 

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