B&M European Value Retail announces Oliver Tant to join its Board as Non-Executive Director

– UK, Liverpool –  B&M European Value Retail S.A. (LON: BME) today announced the appointment of Oliver Tant to its Board as a Non-Executive Director, effective from 1 November 2022.

“I am delighted that Oliver has agreed to join the Board of B&M. His previous roles at Imperial Brands and KPMG give the combined experience of a Big Four audit partner with eight years as CFO of an FTSE 100 business. I am sure that he will add a great deal of value both as a Non-Executive Director and in his future role as Audit & Risk Committee Chair.” said Board Chairman, Peter Bamford.

He added, “Ron has been an outstanding Chair of the Audit & Risk Committee and has played a critical role in the successful transition of B&M from IPO in 2014 to an FTSE 100 company. However, it is now right that we plan for his succession. On behalf of the Board, I would like to thank Ron for his service to B&M and look forward to working with him over the remaining period of his directorship.”

Oliver Tant will also join the Audit & Risk and Nomination Committees.

About Oliver Tant

Oliver Tant was CFO of FTSE 30 global consumer and international tobacco company Imperial Brands PLC from 2013 to 2021. Oliver had responsibility for the full range of finance functions along with the corporate development, legal, science, IT, and procurement teams. During his time at Imperial, Oliver made a significant contribution to the transformation and development of the business.

Oliver Tant is currently a Non-Executive Director and Audit Committee Chair designate of Redrow plc. Oliver is also currently working with Brookfield Asset Management where he is providing financial consulting services to their portfolio company Modulaire Group.

Prior to joining Imperial, Oliver spent over 30 years with KPMG. He was a partner from 1994 (covering audit, transaction, and advisory services) and from 2005 was co-lead of the Financial Advisory business. From 2009 to 2012 Oliver was UK Head of Audit. Oliver also served on KPMG’s international executive committee for a period of four years.

For the last four years, Ron McMillan has also held the role of Senior Independent Director. A separate announcement will be made in due course in relation to the succession plan for this role.

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