UK retailer Sainsbury's has announced that it has appointed Poundland chief executive Kevin O'Byrne as its new chief financial officer.
O'Byrne will commence in his new role on 9 January 2017, and will also be a member of the J Sainsbury plc Board and the business’s Operating Board.
His appointment follows the move by Sainsbury's former CFO John Rogers to chief executive of Sainsbury's Argos.
“I am delighted to announce the appointment of Kevin as Chief Financial Officer of Sainsbury’s," said Mike Coupe, group chief executive of J Sainsbury plc.
"We are two years into the delivery of our strategy and this is an important time as we integrate the Argos and Habitat businesses into the group. Kevin brings a wealth of retail and finance experience and a track record in growing businesses. I very much look forward to welcoming him to the team.”
O'Byrne has only held the position of chief executive at Poundland since July, when he replaced Jim McCarthy in the role.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. To subscribe to ESM: The European Supermarket Magazine, click here.
