GrandVision intends to appoint Stephan Borchert as its next CEO

GrandVision intends to appoint Stephan Borchert as its next CEO

ID: 561023

(Thomson Reuters ONE) -




Stephan Borchert, currently EMEA president of cosmetic retailer Sephora, joins
in January 2018

Schiphol, the Netherlands - 25 September 2017. The Supervisory Board of
GrandVision N.V. will propose the appointment of Stephan Borchert as an
additional member of thecompany's Management Board to its shareholders. For this
appointment an extraordinary shareholders meeting will be called for Thursday,
14 December 2017.

The Supervisory Board intends to appoint Stephan Borchert as the CEO of
GrandVision latest end of April 2018. He will succeed Theo Kiesselbach who
announced in May 2017 that he will retire during 2018, after 16 years with the
company.

Stephan Borchert, 47, a German national, has in depth retail experience with a
variety of service oriented retailers. He began his professional career at
fashion retailer Peek & Cloppenburg and then became a partner at Roland Berger
Strategy Consultants. He went on to become president of Red Earth in Hong Kong
and managing director of the international business of multinational cosmetics
company Douglas, leading 750 retail locations in 18 countries. He then became
member of the Executive Board at Celesio, which included responsibility for over
2,200 company owned pharmacies in numerous countries. As EMEA president of
Sephora he managed more than 1,000 locations in 23 countries.


The Supervisory Board of GrandVision N.V. is pleased to have attracted such a
broadly experienced international retail professional and is confident that its
growth strategy will continue successfully with the combined experience of
Stephan Borchert and the GrandVision leadership team.




GrandVision Press Release:
http://hugin.info/167729/R/2136281/817586.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.




The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: GrandVision nv via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 25.09.2017 - 07:30 Uhr
Sprache: Deutsch
News-ID 561023
Anzahl Zeichen: 2342

contact information:
Town:

Schiphol



Kategorie:

Business News



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