B&M European Value Retail S.A. (BME.L) announced that it has appointed Tjeerd Jegen as Chief Executive Officer. Tjeerd will take over from Mike Schmidt, currently interim Chief Executive Officer on 16th June 2025.
Tjeerd has over 25 years of experience in retail, holding leadership positions at well-known companies like Ahold Delhaize, Metro, Tesco, Woolworths, HEMA, and Takko Fashion. His background gives him strong expertise in international retail markets.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.