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January 24, 2017

Caparros: No move to Carrefour

Alain Caparros

Since late last year, speculations have been reported in French media of a new CEO for retailer Carrefour. REWE Group CEO Alain Caparros has been named, among others, as a potential candidate for the position. Today in Cologne, Caparros responded with the following statement:

“Two years ago, I decided to follow the request of the REWE Group supervisory boards to extend my contract as CEO of our company for another two years through December 31, 2018. I was and continue to be very grateful for the confidence placed in me, and it goes without saying that I will fulfil my contract with the REWE Group and arrange for a smooth transition to my successor. I have therefore conclusively ruled out the possibility of a move to Carrefour as their CEO”.