METRO AG Supervisory Board extends CEO Dr Steffen Greubel’s contract by 5 years early.
The Supervisory Board of METRO AG has prolonged the contract of CEO Dr Steffen Greubel for one more 5 years at an early stage. Because of this Dr Steffen Greubel has been appointed CEO till 30 April 2029
With this determination, the Supervisory Board confirms the long-term strategic orientation of the corporate, which was developed by the CEO along with the opposite members of the Administration Board, and depends on continuity on the prime of the Administration Board within the transformation in direction of a pure meals wholesaler.
“Since taking workplace, Steffen Greubel has given METRO a transparent give attention to meals wholesale with the sCore technique, which is clearly exhibiting success. As a frontrunner, he has additionally succeeded in inspiring the workers within the nation organisations and headquarters to implement this technique effectively by realigning the company tradition. The Supervisory Board absolutely helps this course and, with the extension of his contract, is sending a deliberate sign for continuity”, explains Jürgen Steinemann, Chairman of the Supervisory Board of METRO AG.
Dr. Steffen Greubel provides: “I want to thank the Supervisory Board for its assist of our multichannel wholesale technique and for the boldness in me expressed by the extension of my contract. I’m firmly satisfied that METRO, as a number one meals wholesaler in a fragmented market, has potential for sustainable and worthwhile development. On this respect, we reaffirm our sCore targets to attain gross sales of greater than € 40 billion and EBITDA of greater than € 2 billion by 2030. I stay up for contributing to this as CEO along with my colleagues on the Govt Board and with all groups within the international locations.”
Dr Steffen Greubel has been Chairman of the Administration Board of METRO AG (CEO) since 1 Might 2021.