BERLIN — There’s a new generation of management at the Metro Group’s Galeria Kaufhof department store division.
Metro said Thursday that Galeria Kaufhof’s long-term chief Lovro Mandac will no longer lead chain’s operative business. Effective Oct. 1, Olivier Van Den Bossche has succeeded Mandac as chief executive officer of department store operations. Thirty-eight-year-old Van Den Bossche was most recently spokesman of the management board of Galeria Inno, Kaufhof’s Belgian subsidiary.
Galeria Kaufhof operates 117 doors in Germany and 15 in Belgium. In its 2013 financial year, which ran for nine months ending Sept. 30, 2013, after a shift in calendar, sales were flat at 2.1 billion euros, or $2.77 billion.
Dollar figures are converted at average exchange for the period to which they refer.
Mandac has been a central figure at Galeria Kaufhof for more than 20 years. He is also chairman of the management board of Galeria Holding GmbH, and will now assume the additional position of chairman of the supervisory board of Galeria Kaufhof, previously held by Mark Frese, chief financial officer of Metro AG.
In further management board changes, also effective Oct. 1, Edo Beukema has been named head of procurement at Galeria, succeeding Thomas Storck, who was appointed to the new position of chief solution officer and chief information officer at the Metro Group’s core Cash & Carry division. Beukema was formerly head of procurement at the Dutch department store de Bijenkorf.
At the same time, Ulrich Köster, chief human resources office and labor relations director, is assuming new duties at the Metro Group as of January 2015, and has therefore withdrawn from the management board of Galeria Kaufhof GmbH. He will be succeeded by Volker Schlinge, former head of marketing at Galeria Kaufhof.