Irn Bru firm CEO Sutherland joins B&M board

Liverpool-based FTSE 100 firm B&M European Value Retail anounced that Euan Sutherland is to be appointed, subject to shareholder approval, a non-executive director of B&M with effect from January 20, 2025, when he will also join the remuneration and nomination committees of the company.

Sutherland is currently CEO of A.G. Barr, the Cumbernauld-based owner of Irn Bru, Rubicon energy drinks, Boost Drinks, Funkin cocktail mixers and MOMA foods.

B&M is based in Liverpool, registered in Luxembourg, and its shares trade in London.

B&M said that as there is currently “no vacancy in the office of a director of the company,” in accordance with Luxembourg law, Sutherland’s appointment to the board must be approved by a resolution of the shareholders of the company.

Accordingly, an Ordinary General Meeting of shareholders is to be convened on January 20, 2025, for that purpose. Subject to his appointment being approved at the meeting, it will take effect immediately.

“Euan has over 30 years consumer goods and retail experience having held senior roles at Dixons Retail plc, Matalan plc and Kingfisher plc and board positions at the Co-operative Group, Superdry plc, Britvic plc, and Saga plc,” said B&M.

“Euan is the current Chief Executive Officer of  A.G. Barr p.l.c.”

B&M chair Tiffany Hall said: “I am delighted that Euan has agreed to join the board of B&M. He brings exceptional retail and consumer goods experience, leading major consumer-facing businesses through periods of significant growth, both in the UK and Internationally.”

Sutherland said: “I am excited to join the board of B&M to support its goal of becoming Europe’s leading variety discount retailer. I look forward to working with the board on further developing the unique business model, focus on retail excellence and agility across the UK and French markets.”