B&M CEO retires as discounter lowers profit guidance once again

B&M has revealed its chief executive Alex Russo will retire from the company next month as it cuts its profit guidance for the second time this year.
The discounter said Russo will step down at the end of April after three years in the top spot and that it has begun the search for his replacement.
In an update to the stock market, B&M said: “The board is in the advanced stages of a recruitment process to appoint a new CEO with the support of a leading executive search firm, and wil