B&M European Value Retail S.A. announced that Simon Arora, after over 17 years leading the business, intends to retire in 12 months' time from his role as Chief Executive Officer and Director of the Company. Over the coming year, Simon will remain fully committed to the business in his role as Chief Executive Officer, in particular to assist in a smooth transition to his successor. A succession process, led by Chairman Peter Bamford, will consider both internal and external candidates and a further announcement will be made when appropriate.