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UK Retail Discounter B&M’s Interim CFO Exits after Less Than 5 mths in Role

April 10 (Reuters) - British discount retailer B&M's interim ​CFO Helen Cowing has ‌exited the firm after less than 5 months in the role, ​the company said, and would ​be replaced by Peter Waterhouse, ⁠the firm's financial controller.

Shares ​of the company fell 3.8% to 176 ​pence.

This marks the second change in finance leadership at B&M, after its ​previous finance chief stepped ​down following the disclosure of an accounting error that ‌triggered ⁠a profit warning.

Waterhouse has been a key member of B&M's finance team since joining in ​2013 ​and became ⁠group financial controller in 2020. He also ​trained and qualified with ​audit ⁠firm PricewaterhouseCoopers before working in senior finance roles at Johnson ⁠Service ​Group and Logica prior ​to joining B&M.

Reporting by Yamini Kalia ​in Bengaluru; Editing by Nivedita Bhattacharjee

Source: Reuters


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