The METRO AG Supervisory Board has decided on the management for the transition period after CEO Olaf Koch leaves the company on 31 December 2020. With effect of 1 January 2021, the Management Board members Christian Baier, CFO, and Rafael Gasset, COO, will jointly assume the position of the CEO function for the transition period, as it was informed by company.
Together with the other 2 Board members Andrea Euenheim, CHRO, and Eric Poirier, COO, the Supervisory Board is convinced that the Management Board has the right capabilities and compe-tencies in place to take the business forward. The current search process for the new CEO is on track & will be continued.
METRO is a leading international wholesale company with food and non-food assortments that specialises on serving the needs of hotels, restaurants, and caterers (HoReCa) as well as independent traders. The company operates in 34 countries and employs more than 100,000 people worldwide. In financial year 2018/19, METRO generated sales of €27.1 billion.
