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Kingfisher rejects my advice and goes French again!

By Chris Bailey of Financial Orbit | Monday 1 July 2019


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I really do not expect corporate players to be even minutely impacted by my witterings on their company but I kind of hoped that the press rumours I excitedly repeated on the potentially new Kingfisher (KGF) CEO a few weeks back would be close to the truth. Late last week however the company announced 'the appointment of Thierry Garnier as Chief Executive Officer'. Yes, it has appointed a French national again!  And all this after the ultimately terribly lacklustre Veronique Laury. 

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