Kingfisher plc has announced the appointment of Bhavesh Mistry as its new Chief Financial Officer, succeeding Bernard Bot, who will retire to focus on his non-executive career in January 2025 at the earliest. Bhavesh Mistry’s exact start date will be announced later, with Bot assisting in the transition process until his departure.
Bhavesh Mistry brings extensive experience in finance and retail from his senior roles at various companies. Currently, he is the CFO of British Land and previously served as Deputy CFO of Tesco. His career spans over two decades, including positions at Whitbread, Virgin Media, and Anheuser-Busch InBev.
Thierry Garnier, Kingfisher’s CEO, highlighted Bhavesh’s strategic mindset, robust track record, and people-focused leadership style as key attributes that align well with Kingfisher’s culture. Garnier also extended gratitude to Bernard Bot for his significant contributions, particularly in transforming Kingfisher under the “Powered by Kingfisher” strategy and navigating the company through the pandemic.
Bhavesh expressed his excitement about joining Kingfisher and working with its talented teams to continue building on the company’s recent momentum. Bernard Bot reflected on his tenure with pride, appreciating the progress made and emphasizing his commitment to ensuring a smooth transition to Bhavesh in the coming months.