The chief executive of the group behind the B&Q DIY brand, Sir Ian Cheshire, is to leave at the end of the firm's financial year.
The announcement was made as Kingfisher confirmed half-year results that slightly exceeded market expectations.
Europe's largest home improvements retailer said Sir Ian, who took over in January 2008, would be succeeded by Veronique Laury, the boss of its French unit Castorama.
The firm, which runs the B&Q and Screwfix chains in Britain and Castorama and Brico Depot in France and other markets, said it made an underlying pre-tax profit of £364m in the 26 weeks to August 2.
Veronique Laury is currently running Castorama in France Profit before tax fell 6% to £375m.
Kingfisher said it had a strong first quarter as fine weather drove sales at stores open over a year up 6.1% but experienced
a sharp slowdown in its second quarter.
The firm cautioned in July that its markets in the second quarter, notably in June, had been slower than anticipated, particularly in France and Poland.
B&Q China sales decreased by 7.3% on a like-for-like basis - impacted by a slowing Chinese property market.
UK & Ireland retail profit rose 17.7% to £166m compared to the same period last year.
It was the succession plan which dominated reaction to Kingfisher's update as Sir Ian had presided over a 120% increase in the group's share price during his near seven-year tenure.
He has more recently weighed in to the Scottish independence debate, telling Sky News on Tuesday that Scottish consumers could face higher prices if they back the Yes campaign.
His replacement, who will become the fifth female CEO of a company on the FTSE 100, has been with Kingfisher since 2003 and her previous roles have included running the commercial operations of the UK businesses.
Kingfisher described her as having "a passion for home renovation, having completely renovated three homes".
Its statement said: "This decision, reached during the regular succession discussions between the board and (Cheshire) recognises that the next phase of Kingfisher's evolution requires a significant leadership commitment and continuity."
Kingfisher's share price rose 3% in early trading on Wednesday.
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