Philipp Wyss becomes new Coop CEO
There will be a change at the top at Coop. The board of directors of the retail giant has nominated Philipp Wyss as chief executive officer. He is due to take up his new position in May 2021, according to a statement on Friday.
There will also be a change in the position of Chairman of the Board of Directors. Joos Sutter, the current head of Coop, is to replace Hansueli Loosli at the delegates' meeting next spring. His resignation from the board on this date was already known beforehand.
Previously, Wyss was Vice Chairman and responsible for Marketing and Procurement. He has already been with Coop since 1997. His successor is to be Andrea Kramer.
Joos Sutter had headed the company since 2011 and had already been a member of the Executive Board since 2008. Hansueli Loosli had also taken over the position of Chairman in 2011.
Other changes
In addition, there are to be other personnel changes on the Supervisory Board. Former Federal Councillor Doris Leuthard is to succeed Irene Kaufmann as Vice Chairwoman. Kaufmann will step down next spring after twenty years on the Board. At the same time, Peter Eisenhut, Roman Kuhn, and Hans Jürg Käser will step down for reasons of age.
The replacements for these departures have also been nominated. Grégoire Ribordy (CEO ID Quantique), Michael Fuhrer (CFO Hänseler), Karim Twerenbold (CEO and Chairman Twerenbold Group) and Markus Beer (Head of Coop Bakery Division) are to take their seats as staff representatives, according to the statement. (SDA)
