Senior Management of toom BauMarkt DIY Withdraws on Mutual Agreement

Cologne, 10.03.09

Jan Kunath to lead the DIY business on a provisional basis


Following a mutual agreement with the Management Board of REWE Group, Georg Rothacher and Martin Söffge resign from the senior management of toom BauMarkt DIY. While Rothacher leaves the senior management with immediate effect, Söffge will do so by 1 June 2009, at the latest, after a successor has been found for his position at toom BauMarkt's senior management.

With immediate effect, Jan Kunath, head of the Strategic Business Unit "Full-range  National", will take over the senior management tasks at toom BauMarkt on a provisional basis. From 1 May 2009, Kunath will - as universal agent - assume from Josef Sanktjohaner's Management Board duties the responsibility for the further development of REWE Group's toom BauMarkt and ProMarkt specialist stores as well as for the B2B business.

The Management Board of REWE Group considers it necessary to respond to the current challenges toom BauMarkt is facing - especially against the backdrop of the difficult business environment prevailing in Germany. At the same time, the Management Board expressed its gratitude to Rothacher and Söffge for their willingness to allow the personal restructuring of toom BauMarkt's senior management by resigning from their posts and thanked them for the achievements accomplished during the past years. The growth of the DIY store business under the umbrella of REWE Group, the integration of acquisitions and the restructuring of the toom BauMarkt DIY store concept forms a solid basis for a successful future development of this sales line, which is the number three in the German DIY business with its approximately 400 stores, 15,000 employees and a turnover of more than 2 billion euros.

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REWE GROUP-Corporate Communications
Tel.: 0221 - 149-1050
E-Mail: presse(at)rewe-group.com

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