X5 Appoints Janusz Lella as General Director of Supermarket Format
OREANDA-NEWS. X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced the appointment of Janusz Lella as the Company's General Director of the Supermarket format effective 1 September 2013.
Mr. Lella has approximately 20 years of managerial and operational experience at the senior executive level with leading Russian and international retailers, including; Castorama, Office Depot, M.video, Yoplait and CPC Amino/Bestfoods. During this time he has been involved in various restructuring programs to improve operational efficiencies and distribution platforms to increase sales and profits.
Mr. Lella replaces Valeriy Tarakanov who will continue to lead X5's Convenience Store format as well as cooperating on strategic projects to strengthen the Company's multi-format value proposition.
LSE-Listed X5 Retail Group N.V. is one of the largest Russian food retailers in terms of sales. The Company uses a multi-formatted strategy to develop several formats: soft discounters, supermarkets, hypermarkets, online retail channel and convenience stores.