Co-op hires B&Q boss for top job

The Co-operative Group has produced a surprise by naming a senior boss at B&Q owner Kingfisher as its next chief executive.

Euan Sutherland, chief operating officer at home improvements group Kingfisher - which owns Screwfix as well as DIY giant B&Q - had been seen as a possible successor to the FTSE 100 company's chief executive Ian Cheshire.
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