Ceconomy plans CEO transition as Deissner prepares to step down – report

German electronics retailer Ceconomy plans to suggest main fiscal serviceman (CFO) Remko Rijnders arsenic main enforcement serviceman (CEO) aft Kai-Ulrich Deissner decided to measurement down for idiosyncratic reasons, according to Reuters.

Deissner informed the company’s supervisory committee that helium intends to manus implicit the CEO relation during the people of this year. He assumed the presumption successful May 2025.

Deissner said: “It is clip for maine to unfastened a caller section successful my beingness and reset my priorities. This is imaginable due to the fact that Ceconomy is excellently positioned.

“The imaginativeness and ngo of transforming MediaMarkt and Saturn from a accepted retailer into an omnichannel work level has been implemented.

“After 3 years of continuous betterment successful results, we are good connected way to execute our strategical goals, and the announced practice with JD.com has acceptable the people for the adjacent phase.”

Ceconomy said its supervisory committee volition sermon the enactment modulation astatine a gathering scheduled for 12 March 2026.

The planned alteration comes arsenic the institution moves guardant with a takeover by Chinese exertion radical JD.com.

Deissner, who has backed the projected acquisition, said regulatory clearance for the transaction is expected successful the archetypal fractional of the year.

In November 2025, the Italian Government granted conditional support to JD.com’s planned acquisition of Ceconomy nether Rome’s “golden power” framework, which allows authorities to artifact oregon enforce conditions connected deals involving strategically important assets.

However, the pursuing month, Italy imposed strict idiosyncratic information extortion requirements successful transportation with JD.com’s acquisition of Ceconomy’s Italian operations.

Ceconomy, the proprietor of electronics retail chains MediaMarkt and Saturn, expects the transaction with JD.com to enactment improvements successful logistics and technology.

"Ceconomy plans CEO modulation arsenic Deissner prepares to measurement down – report" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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