B&M European Value Retail S.A. has announced that Peter Bamford, Chairman since March 2018, intends to retire during the calendar year. An executive search firm has been appointed, and the recruitment process for a new Chair will commence immediately. Peter will continue to serve as Chairman until a retirement date is set, ensuring an orderly handover to his successor. CEO Alex Russo expressed gratitude for Peter's partnership and leadership, while Peter highlighted the strong foundations and high-class leadership team at B&M. The company is now preparing for the transition to a new Chair.