Bunnings UK general merchandise manager Craig Castelino is set to step down from his role and return to Australia.
The Australian DIY retailer bought Homebase in 2016 for £340 million and has been gradually rebranding its estate.
In October it revealed its introduction to the UK market had been troubled, seeing a 13.8 per cent drop in sales to £267 million over its first quarter.
During the Bunnings Expo in Birmingham earlier this week, Castelino’s imminent departure was announced.
He will reportedly be returning to Australia to undertake a senior leadership role in the retailer’s home market and its New Zealand arm.
This follows a similar departure in December from managing director PJ David, who has returned to Australia on sabbatical, with insiders speculating he may not return to the UK at all.
B&Q director Damian McGloughlin has now taken his place.