skip to main content
  • *
  • *
  • *
Find Insight DIY on
* * *

UK People News

B&M Appoints New Non-Executive Director


B&M European Value Retail S.A. (the "Company") announces the following Board change. 

Nadia Shouraboura is to be appointed, subject to shareholder approval, as a Non-Executive Director of the Company with effect from 29 May 2024 when she will also join the Audit and Risk and Nomination Committees.

Nadia has a very broad range of experience which includes public company roles and leading entrepreneurial ventures in retail and other sectors. She is currently serving as non-executive director at Ferguson plc, Formlabs Inc., MTS Group / Mobile Telesystems PJSC, Tosca Limited and Ocado Group plc.

Peter Bamford, Chairman, said:

"I am delighted that Nadia has agreed to join the Board of B&M. She brings exceptional international and strategic experience to the Board. Nadia will enhance the diversity of experience and skills on our Board considerably."

Nadia Shouraboura said 

"I'm thrilled to be joining B&M! My experience in retail taught me that customers value three things: selection, convenience, and competitive pricing. During my recent visit to the UK, I had the opportunity to visit a number of B&M stores and was impressed by the product quality, range and low prices."

As there is currently no vacancy in the office of a Director of the Company, in accordance with Luxembourg law, Nadia's appointment to the Board must be approved by a resolution of the shareholders of the company. Accordingly, an Ordinary General Meeting of shareholders is to be convened on or around 29 May 2024 (the "Meeting") for that purpose. Subject to her appointment being approved at the Meeting, it will take effect immediately. Further announcements will be made to confirm when the notice of the Meeting has been despatched to shareholders and also following the Meeting to confirm the outcome of the resolution to approve the proposed appointment.

The Company makes this announcement in accordance with LR 9.6.11R of the Listing Rules. There are no other matters to be disclosed under LR9.6.13R in relation to the appointment of Nadia.

Source : B&M

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.

25 March 2024

Related News

view more UK People News

I find the news and articles they publish really useful and enjoy reading their views and commentary on the industry. It's the only source of quality, reliable information on our major customers and it's used regularly by myself and my team.

Simon Fleet - Sales & Marketing Director, Thomas Dudley Ltd

Don't miss out on all the latest, breaking news from the DIY industry