Press
Joël Saveuse appointed Chairman of the Management Board of Real01.08.2007
Saveuse will further enforce the initiated repositioning in Germany and the selective expansion in Eastern Europe. The French retailer is a recognised industry expert and has comprehensive international experience, especially in hypermarket retailing. He was previously a member of the management board of Carrefour und was responsible for the European business. Prior to that he held top management positions at La Redoute and Metro Cash & Carry, where he was Country Manager for France and Germany.
"We are very glad that Joël is joining the team. He has wide-ranging experience in building up and further developing international retail businesses. Real will benefit from his comprehensive expertise in hypermarket retailing", said Zygmunt Mierdorf, Chairman of Real’s Supervisory Board. "We thank Andreas Riedel for his contribution, especially with regard to Real’s repositioning in Germany".
METRO Group is one of the most important international retailing companies. In 2006, the group reached sales of about € 60 billion. The company has a headcount of some 270,000 employees and operates about 2,400 outlets in 30 countries. The operating business is performed by the sales brands which operate independently in the market: Metro/Makro Cash & Carry – world market leader in cash & carry wholesale, Real hypermarkets and Extra supermarkets, Media Markt and Saturn – market leader in consumer electronics centers in Europe, and Galeria Kaufhof department stores.