Wednesday, August 17, 2016

Retailer X5 Retail Group has found a new CFO in large-scale industry – TASS

MOSCOW, 16 August. / TASS /. X5 Retail Group (trading network “Pyaterochka”, “Crossroads,” “Carousel”) has appointed 17 August new CFO Dmitry Gimmelberga company’s former top manager Ltd. “locomotive technology” and a number of structures, “Basic Element”. This is stated in the report of the retailer.

In this position he replaced Elena Milinova, which in early summer announced its intention to leave the company after working there about a half years. His decision Milinova explained the intention to change the direction of professional activity.

Prior to joining X5 Gimmelberg from 2015 worked as Deputy General Director of Strategic Development OOO “Locomotive Technology” (included in “Transmashholding” group). From 2012 to 2015 Gimmelberg held senior positions in the “Basic Element” industrial group structures and as part of its activities involved in projects of strategic transformation, formulation management and financial reporting, as well as the creation of a project office. In general, the new top manager has more than 20 years of experience in top management positions in the field of finance, the report says X5 Retail.

“I am convinced that, together with leadership qualities Dmitry possesses the necessary professional skills and practical knowledge, which will further improve the company performance in the framework of decentralized multi-format business operating model, “- commented on the appointment of chief executive Officer of X5 Igor Shekhterman, quoted by the press service of the

X5 Retail Group also announced the appointment of 22. August, the new CEO of hypermarkets “Carousel” Maxim Gatsutsa. C 2002, he worked in the German METRO Group, and over the years held senior positions in the division Metro Cash & amp; Carry in Russia, Ukraine and Portugal.

The previous head of the network “Carousel” Vardan Dashtoyan left the company in February this year in connection with the intention to return to the management of their own business. Then X5 announced that the decision on the appointment of the new head of “Carousel” will be made within three months, but the process was delayed

Dashtoyan operates a network of “Carousel” from the middle of 2014, his predecessor Svetlana Volikova -. About two years (since summer 2012).

X5 Retail Group manages networks “Pyaterochka”, “Crossroads” and “Carousel.” The main shareholders of X5 are Alfa Group (47.86%) and the founders of the “Pyaterochka” (14.43%), 37.64% of the shares are in free float.

The revenue X5 Retail Group in the first half of 2016 It grew by 26.2% compared to the same period in the previous year and amounted to 480.3 billion rubles. On June 30, 2016 under management were 7,936 stores, including 7,164 stores “Pyaterochka”, 493 supermarket “Crossroads”, 89 hypermarkets “Carousel” and 190 stores “Express”.

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