New corporate structure of METRO Group

The chief aspect is the split of Metro Cash & Carry into two business units –
Europe/MENA, managed by Joël Saveuse, and Asia/New Markets, managed by
Frans Muller.

The new structure reflects the great importance Metro Cash &Carry has within the Group, and takes into account the considerably different regional market requirements. Furthermore, the organisational basis strengthens the successful implementation of the Shape programme, as well as the acceleration of the international expansion in the medium term. At the same time, METRO Group’s management organisation will be significantly simplified.
The focal areas for the business unit Europe/MENA mainly comprise the turnaround in Germany, the extension of private labels and the further development of the delivery service. The focal areas of the business unit Asia/New Markets will be the acceleration in the medium term of the international expansion, as well as the improvement in the capital efficiency of new store openings.