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June 13, 2011

UK: Metro shakes up UK Makro management

Metro Group has replaced four board members in its Makro UK cash-and-carry operations with consultants amid differences over the wholesaler's strategy.

Metro Group has replaced four board members in its Makro UK cash-and-carry operations with consultants amid differences over the wholesaler’s strategy.

The German retail giant announced on Friday (10 June) that managing director Hannes Floto, finance director Stefan Hesse, customer director Mark Copeland and operations director Patrick Legro have left due to “differing views on the strategic direction of the company”.

Metro described the departures as being on “amicable terms with mutual agreement”.

They will be replaced by consultants from AlixPartners. Klaus Raettig becomes managing director, Jens Koeppen will be responsible for finance and Dan Murphy will lead assortment and stock management. Martin Shumacher will become responsible for operations.

Metro Group said that AlixPartners already supports Makro UK as an advisor in its restructuring activities and the new managers are “managers are well integrated in the activities and understand the challenges the company faces”.

Remaining board member Huw Edwards will take on additional responsibilities as commercial director for offer, merchandising and marketing.

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