OREANDA-NEWS. X5 Retail Group N.V., ('X5' or the 'Company'), a leading Russian food retailer (LSE ticker: 'FIVE'), announced today the nomination of Geoff King to X5's Supervisory Board (the 'Board'). Mr. King was recommended by the Board's Nomination and Remuneration Committee based on his experience in retail and finance.

The nomination was unanimously supported by the Board during its scheduled meeting on 4 December 2014 and is subject to appointment by shareholders at the Company's Annual General Meeting of Shareholders in spring 2015.

Mr. King has extensive financial and retail experience, including almost 22 years at Tesco PLC where he held various finance positons, including, CFO for Tesco Ireland, Tesco International and Tesco Poland. For the past nine months, he has been acting as an advisor to X5's CEO.

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.