Coop Danmark group retail director Michael Loeve has been appointed CEO of B&Q’s UK and Ireland operation, parent company Kingfisher has announced.

Mr Loeve replaces outgoing UK boss Kevin O’Byrne, whose departure was announced as part of a group wide management restructure back in March (see related). He takes the role from September and will report into Guy Colleau, Big Box operations director.

Véronique Laury, Kingfisher CEO, said: “We are moving at pace with our 'One' Kingfisher plan to create a single, unified company where customer needs come first. [Michael] is an experienced retailer who will form an important part of the new diverse international team we are putting together at Kingfisher. I look forward to working with him.

As group retail director at Coop Danmark, he was responsible for five retail formats, including Irma, Kvickly and Fakta, where he has unlocked performance by running the business in a more unified way across multiple formats, Kingfisher said in a statement. He was previously md of Coop Danmark’s 250-store SuperBrugsen chain.

Michael Loeve said: "I am delighted to be joining Kingfisher at such an exciting time in its development. Home improvement is a great market with huge potential and B&Q has a strong position within it, however there is more that we can do to maximise its strengths. With a better and more unique offer at good prices where customer needs come first, all backed by the scale of a unified Kingfisher, we will transform and grow B&Q, helping our customers to have better homes and better lives."

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