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  • Title
    CEO
  • Company
    Kingfisher
  • Country
    U.K.
  • Age
    51

After 2015 revenue fell 11.4% (4.9% in local currency) to $15.8 billion and profits dipped by a third at Europe’s largest home-improvement retailer, Laury, in her second year as CEO, announced a five-year turnaround plan in early 2016. Its goal: to increase annual profits by about $655 million. As part of that strategy, Kingfisher is shuttering 65 of its 365 B&Q DIY stores as it expands its Screwfix chain, which sells home improvement goods and saw sales increase 17.5% in U.S. dollars last year.

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Personal Information

Country
U.K.
Previous Rank
#8 (EMEA)
Newcomer?
no

Company Financials

2015 Revenues
$15,881
2015 Profits
$627
Market Value (as of 8/26/16)
$10,895