Sainsbury’s recruits Poundland boss

J Sainsbury has appointed Kevin O’Byrne as chief financial officer (CFO) of the supermarket chain.

This follows the move of John Rogers from being CFO of J Sainsbury to chief executive officer of Sainsbury’s Argos, following Sainsbury’s acquisition of Home Retail Group in September.

Kevin will join the business on January 9 and will be a member of the J Sainsbury board and the business’ operating board.

He is currently chief executive officer of Poundland Group and previously held executive roles at Kingfisher from 2008 to 2015, including chief executive officer of B&Q UK & Ireland and group finance director.

Prior to this, Kevin was group finance director of Dixons Retail. He is a non-executive director and chairman of the audit committee of Land Securities Group.

Mike Coupe, group chief executive of J Sainsbury, said: “I’m delighted to announce the appointment of Kevin as CFO of Sainsbury’s. 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.”

Kevin said: “Sainsbury’s is a strong business with a clear strategy and I’m really excited about joining at this important point in Sainsbury’s journey. I look forward to working with Mike and the team from the New Year.”

Ed Barker will continue as interim CFO until Kevin joins the retailer, and will continue to have a leading role in the business.

Check Also

Bryan Clover of Rainy Day Trust to hike 84 miles in 48 hours non-stop for charity

In a little over two weeks, I will be starting a non-stop 84-mile hike from …