Denner: Peter Bamert becomes new CEO

Peter Bamert has been appointed the new CEO of Denner. He will assume his position on January 1, 2010, succeeding Philippe Gaydoul, who will remain Chairman of Denner's Board of Directors.

Peter Bamert has been appointed as the new CEO of Denner. He will take up his position on January 1, 2010 as successor to Philippe Gaydoul, who will remain Chairman of the Denner Board of Directors. Bamert has worked for eleven years as head of Ex Libris in the Migros Group. His successor at Ex Libris will be appointed in the coming weeks, according to the press release.
The 50-year-old has been Managing Director of Ex Libris since 1998. He began his career in 1983 at Colgate-Palmolive in the marketing department. From 1989, he was Publishing Director of Cash, Business Development International and Managing Director of Ringier Germany at Ringier.
Denner also grew faster than the market in its core food retail business in the 2008 financial year, according to the statement. Consolidated sales increased by 8.3 percent to 2,943.1 million Swiss francs. At the end of the year, Denner operated 746 locations and employed 3,483 people.

(Image Keystone)

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