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News Flash
Metro Group names new chairman of supervisory board
21 Feb '06
1 min read
German retailer Metro AG has appointed Eckhard Cordes as Chairman of the Managing Board of Franz Haniel & Cie. GmbH, Duisburg, as its new Chairman.
Cordes had previously been appointed by court order as member of the Supervisory Board taking the position of the Board's former Chairman, Prof Dr Theo Siegert, who resigned from his office effective after 4 February 2006.
Metro Group is one of the most important international retailing companies. In 2005 the group reached sales of € 55.7 billion according to preliminary figures.
The company has a headcount of about 250,000 employees and operates more than 2,100 outlets in 30 countries. The operating business is performed by the sales divisions which operate independently in the market: Metro/Makro Cash & Carry – world market leader in cash & carry wholesale, Real SB hypermarkets and Extra supermarkets, Media Markt and Saturn – market leader in consumer electronics centers in Europe, and Galeria Kaufhof department stores.
Cordes had previously been appointed by court order as member of the Supervisory Board taking the position of the Board's former Chairman, Prof Dr Theo Siegert, who resigned from his office effective after 4 February 2006.
Metro Group is one of the most important international retailing companies. In 2005 the group reached sales of € 55.7 billion according to preliminary figures.
The company has a headcount of about 250,000 employees and operates more than 2,100 outlets in 30 countries. The operating business is performed by the sales divisions which operate independently in the market: Metro/Makro Cash & Carry – world market leader in cash & carry wholesale, Real SB hypermarkets and Extra supermarkets, Media Markt and Saturn – market leader in consumer electronics centers in Europe, and Galeria Kaufhof department stores.
Metro AG
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