carrefour’s new boss names retailer management team
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Carrefour’s new boss names retailer management team

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Carrefour’s new boss names retailer management team

Carrefour’s new boss on Friday
Paris - Arab News

Carrefour’s new boss on Friday named his leadership team, putting the man credited with reviving the retailer’s Spanish operations in charge of turning around its business in France, its biggest market.
Alexandre Bompard, who took over in July, is working on plans to try to revitalize Carrefour, the world’s second biggest retailer, which warned last month its 2017 operating profit could fall by around 12 percent.
In France, which accounts for nearly half of Carrefour’s sales and 44 percent of operating profit, the group faces fierce price competition from online and other more nimble rivals.
Bompard has picked Pascal Clouzard, 54, CEO of Carrefour Spain since 2011, as executive director for France.
Clouzard has been credited by analysts for spearheading a recovery in Spain where Carrefour’s sales rose 2.2 percent last year. There has also been media speculation that he was on the list of potential candidates for the top job at Carrefour to take over from Georges Plassat.
Clouzard’s challenge will be to boost the performance of the group’s French hypermarkets, a goal that has eluded several predecessors because of cut-throat competition in France.
Analysts say Clouzard’s recovery recipe for Carrefour Spain was the development of convenience stores and acceleration of online.
Antoine Parison, analyst at Bryan Garnier, said: “I note that Clouzard, who has been developing online in Spain, is appointed to head France.”
Noel Prioux, executive director France since 2011, will become executive director Latin America, directly in charge of Carrefour Brazil, the group’s second-largest market. He replaces Charles Desmartis.
Another high profile appointment is an external hire — Marie Cheval, 43, who was the CEO of Societe Generale’s online bank Boursorama. She will become executive director customers, services and digital transformation, for both the group and France.
Investors want Bompard to catch up with retail’s major shift online, notably after Amazon’s $13.7 billion bid to buy Whole Foods Market, which sent shockwaves through global food retailers.
Bompard’s new team includes managers from within Carrefour like finance head Pierre-Jean Sivignon as well as four from outside the group who will bring complementary expertise, the retailer said.
Another of the external hires is Jerome Nanty, 56, who was Secretary General of Air France-KLM and who will head human resources for the group and for France.
The group’s new executive committee will comprise 14 members, who will take up their jobs from Oct. 2.
“The first task of this new team will be to define and implement the group’s transformation plan,” Carrefour’s statement said. Bompard said last month that he would provide details on his strategy by the end of the year.
Carrefour shares are down nearly 30 percent so far in 2017 — underperforming European rivals.

Source: Arab News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

carrefour’s new boss names retailer management team carrefour’s new boss names retailer management team

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

carrefour’s new boss names retailer management team carrefour’s new boss names retailer management team

 



GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 20:35 2014 Monday ,08 December

CFP crucial for refining industry in Kuwait

GMT 13:25 2011 Tuesday ,13 December

Latest Call Of Duty Breaks $1bn Sales Record

GMT 06:47 2017 Sunday ,12 February

Fresh whale stranding on notorious New Zealand beach

GMT 10:48 2017 Sunday ,19 November

Industry minister receives Turkish ambassador

GMT 12:35 2015 Saturday ,06 June

Bindi Irwin is all grown up in new Instagram photo

GMT 14:08 2012 Tuesday ,28 August

600 Afghan soldiers killed over last 2 months

GMT 05:27 2011 Wednesday ,21 September

Facebook revenue estimated at $4.27 billion

GMT 20:06 2017 Wednesday ,22 February

Senior Yemeni general killed in Houthi missile attack

GMT 23:18 2016 Sunday ,12 June

Daesh kills 18 civilians trying

GMT 00:47 2017 Tuesday ,10 January

6 policemen killed, 9 injured in Arish attack

GMT 21:54 2017 Thursday ,15 June

Pleasant weather forecast

GMT 16:39 2017 Thursday ,17 August

Maria Sharapova granted wild-card entry

GMT 12:33 2012 Friday ,24 February

10 signs your spouse may be planning to divorce you

GMT 17:32 2017 Tuesday ,25 July

King leading diplomacy to safeguard Jerusalem

GMT 06:58 2012 Sunday ,12 February

Malaysia deports Saudi journalist
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice