French international hypermarket chain, Carrefour has enticed Swiss Nestle’s executive vice president Lars Olofsson to lead Carrefour as CEO replacing José Luis Durán from January 1, said the group.
On this development, Amaury de Seze, Carrefour chairman said, “Lars Olofsson has exceptional experience in consumer markets, built over more than 30 years, both in France and internationally, within the number one global food industry group.”
Carrefour hypermarket network includes more than 12,000 company-operated and franchised stores in 29 countries including Europe, Brazil, Argentina, Dominican Republic and Colombia.
—IndiaRetailing Bureau
