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B&M European Value Retail S.A. reported that Alex Russo retired as Group Chief Executive Officer and a Director of the Company, effective 30 April 2025, a change initially announced on 24 February 2025. The Board appointed Mike Schmidt as interim CEO, alongside his role as CFO, during the period until the CEO succession recruitment process concludes.
| Date | 30 Apr 2025 |
| Time | 07:00:13 |
| Category | Board changes |
| ID | 7111G |
Directorate Change
30 April 2025
As announced on 24 February 2025, Alex Russo will be retiring as Group Chief Executive Officer and as a Director of the Company with effect from today. The Board continues to make good progress on CEO succession and will update the market as soon as the recruitment process has concluded. In the intervening period, the Board has appointed Mike Schmidt to act as interim CEO, alongside his role as CFO.
Enquiries
B&M European Value Retail S.A.
For further information please contact: +44 (0) 151 728 5400 Ext. 6363
Mike Schmidt, Chief Financial Officer
Dave McCarthy, Head of Investor Relations, [email protected]
Media
For media please contact:
Sam Cartwright, H-advisors, [email protected] +44 (0) 7827 254 561
Jonathan Cook, H-advisors, [email protected] +44 (0) 7730 777 865