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Christian Baier, METRO AG’s CFO, shall be leaving the company on September 30, 2023.

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Christian Baier, METRO AG’s CFO, shall be leaving the company on September 30, 2023.

 

METRO AG has reached an settlement with CFO Christian Baier relating to his departure from the corporate by finest mutual consent as of 30 September 2023

“Christian Baier has performed a key position in reworking METRO from a conglomerate to a centered meals wholesaler.

With the completion of the portfolio changes and the definition of the brand new sCore technique, the corporate is now getting into a section of constant implementation of the wholesale technique within the METRO nations.

On behalf of the Supervisory Board, I wish to thank Christian Baier for his intensive and profitable work over the previous 12 years.

He has ensured a secure monetary place even in troublesome phases such because the pandemic. We want Christian Baier all the perfect for his skilled and personal future”, says Jürgen Steinemann, Chairman of the Supervisory Board of METRO AG.

Christian Baier explains: “I’ve been captivated with working for METRO, the job has been thrilling, and the groups are nice. I’m proud to have performed a job within the profitable focusing of METRO.

The corporate may be very nicely positioned for the longer term with its sCore technique. Along with my colleagues, we’ve additionally efficiently initiated the digital transformation of the finance organisation.

Now’s the precise time for me to begin one thing new. I’m grateful for the time we’ve spent collectively and want METRO and its staff each success!”

Christian Baier has been with METRO since 2011. He held numerous administration positions, together with Group Director Technique, Enterprise Innovation and M&A in addition to Chief Monetary Officer (CFO) of METRO Money & Carry, earlier than being appointed to the Administration Board of METRO AG in November 2016.

 

METRO is a number one worldwide meals wholesaler which specialises in serving the wants of resorts, eating places, and caterers (HoReCa) in addition to unbiased retailers (Merchants).

All over the world, METRO has approx. 17 million prospects who profit from the wholesale firm’s distinctive multichannel combine: prospects can buy their items in one of many giant shops of their space in addition to by supply (Meals Service Distribution, FSD) – all digitally supported and linked.

In parallel, METRO MARKETS is being developed as a world on-line market for the wants {of professional} prospects which has been rising and increasing repeatedly since 2019.

Appearing sustainably is among the firm rules of METRO which has been listed in numerous sustainability indices and rankings for a few years, together with FTSE4Good, MSCI, CDP and the Dow Jones Sustainability Index.

METRO operates in additional than 30 nations and employs over 93,000 individuals worldwide. In monetary yr 2021/22, METRO generated gross sales of €29.8 billion. Extra data could be discovered at MPULSE.de, our on-line journal.

 

 

Source

 

GSN

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