Valora with new management from June

The Valora kiosk group is completing its management restructuring: Starting in June, the company will have a German CEO, Thomas Vollmoeller. Kaspar Niklaus will take over as head of the Retail division.

 The Valora kiosk group completes its personnel restructuring: With Thomas Vollmoeller, the company will have a German CEO from June. After studying economics in St. Gallen, the new 48-year-old CEO worked for ten years at the consulting firm McKinsey, as Valora announced on Tuesday. He has held various positions at Tchibo since 1997. Most recently, as a member of the Executive Board, he was responsible for the entire non-food division. In addition to the top management of the Group, Valora is also appointing a new or reappointing a new head of the Retail division. The 40-year-old Kaspar Niklaus will take over as head. The qualified agronomist (ETH) will become a member of the Executive Board. He has also previously worked for McKinsey, Migros and Coop, among others. He has managed Coop Bau+Hobby since 2005.
In the press release, Rolando Benedick, Chairman of the Board of Directors, expressed his conviction that with Vollmoeller and Niklaus Valora would be able to achieve its goals of long-term and sustainable success. Benedick himself has also taken over as Chairman of the Board of Directors after a months-long power struggle following the involvement of investor Adriano Agosti.
The current Valora CEO Peter Wüst will remain with the company until his successor has been trained. He had already announced this when he announced his resignation in April. Wüst had also managed the unprofitable Retail division on an interim basis after Valora parted company with Manfred Zipp "by mutual agreement" in August 2007.

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