B&M has revealed that the chief financial officer of DFS is to join the discount retail giant.
Mike Schmidt will become the Liverpool-headquartered group's new CFO on a "mutually agreed start date to be announced shortly" and which is expected to be no later than January 3, 2023.
Mr Schmidt has been in his current role at DFS for the last three years, having first joined the business in March 2014 as a senior member of the finance team, later becoming chief development officer.
