B&M chief executive Simon Arora to retire

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22 April, 2022 | by The Retail Bulletin

B&M has announced that its chief government Simon Arora is to retire.

Arora has led the business enterprise given that he obtained it with each other with his brother Bobby in December 2004. Given that then, it has grown to a group of  in excess of 1,100 outlets across the British isles and France.

In a assertion, B&M claimed Arora will be stepping down in 12 months time, although in the interim he will continue to be completely fully commited to the enterprise and will help in a sleek transition to his successor.

A succession process, led by B&M chairman Peter Bamford, will think about both equally interior and exterior candidates.

Bamford said: “On behalf of the board and all stakeholders of the group, I would like to thank Simon for his management over the earlier seventeen decades.

“The impressive progress of the small business from its humble beginnings to exactly where it is nowadays reflects his excellent passion, perseverance and capacity. 

“Moreover, he has founded a company basis from which the group will continue to deliver its prosperous advancement technique and excellent price for its consumers. We are all incredibly grateful for his tireless efforts and he will leave us upcoming yr with our best needs for the potential.”

Meanwhile Bobby Arora, B&M team investing director, has explained he intends to remain with the small business in his present job.