Former KPMG Head Appointed to B&M Board

  • Oliver Tant appointed as non-executive director at B&M
  • Tant succeeds Ron McMillan as chair of Audit and Risk Committee in July 2023 (subject to shareholder approval)
  • Tant has extensive experience from KPMG and Imperial Brands PLC
  • Currently working with Brookfield Asset Management’s Modulaire Group

B&M Retail has appointed Oliver Tant as a non-executive director, effective November 1st, 2022. He will succeed Ron McMillan as chair of the Audit and Risk Committee in July 2023 (subject to shareholder approval). Tant brings experience from KPMG and Imperial Brands PLC to the board. McMillan has served over nine years as a non-executive director and plans to retire after his tenure.

Factuality Level: 10
Factuality Justification: The article provides accurate and relevant information about Oliver Tant’s appointment as a non-executive director at B&M and his previous experience at Imperial Brands PLC and KPMG. It also mentions Ron McMillan’s service to the company and his upcoming retirement. The information is presented objectively without any bias or personal perspective.
Noise Level: 1
Noise Justification: The article provides relevant information about a specific appointment within a company and includes details on the professional background of the new appointee and the outgoing chair. It is focused on the topic without any unnecessary diversions or filler content.
Financial Relevance: Yes
Financial Markets Impacted: B&M and Imperial Brands PLC
Financial Rating Justification: The article discusses the appointment of Oliver Tant as a non-executive director at B&M, which is a company listed on the FTSE 100 index. This impacts financial markets as it involves changes in leadership within the company’s management structure and could potentially affect its performance. Additionally, Imperial Brands PLC is mentioned as a previous employer of Tant, which is also a publicly traded company.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.

Reported publicly: www.retailsector.co.uk