Carrefour appoints Georges Plassat as new CEO
Currently Chairman and CEO of Vivarte group, Plassat will join Carrefour on 2 April as chief operating officer for a short transition period before being appointed CEO after Carrefour's Shareholders Meeting on 18 June.
Following the announcement, Plassat asked for “the support of all within the company” and said he was well aware of the magnitude of the the task ahead. Carrefour has been struggling with stagnant sales in in 2011 and has said that operating profit will be down 20% compared to the prior year.
Plassat owns an 8% stake in Vivarte, whose brands include the Kookai and Naf-Naf fashion chains. Before joining Vivarte, he led Carrefour’s Spanish business for two years after a long spell at smaller supermarket chain Casino.
Email this article to a friend
You need to be logged in to use this feature.
Please log in here