B&M chief operating officer Karen Hubbard steps down

Date : 06 January 2016

B&M's Karen Hubbard is to take over the role of chief executive at specialist retailer Card Factory when current CEO Richard Hayes retires from his role.

"Too good an opportunity to ignore"

Karen Hubbard is stepping down from her role as chief operating officer at variety discounter B&M to take up the role of chief executive at Card Factory, replacing Richard Hayes who has been in the role since 2003. Hubbard will become chief executive designate on 22 February and will take over officially in mid-April. Her career in retail spans over 25 years, with her latest executive role at B&M no doubt standing her in good stead to lead at the helm of the card specialist company. While Hubbard says she enjoyed her time at B&M, the opportunity at Card Factory was "simply too good an opportunity to ignore".

Further B&M senior team changes

Martin Roberts will replace Carl Allen as operations director at B&M. Roberts most recently worked at Vodafone as head of retail and online, and prior to that held roles at Wickes and Sainsbury's. In other changes, Allison Green has stepped down from her role as people director after having joined the company in January 2014.

Want to know more about the variety discount channel?

Hear from Poundland CEO Jim McCarthy and his senior team at IGD's Poundland Trade Briefing on 24th February 2016. To see the event programme, click here.

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