New boss at Coop - Joos Sutter succeeds Hansueli Loosli

Joos Sutter has worked for Coop for many years. In 1996, the Grisons native moved from Ems Chemie to Impo Import Parfümerien as Head of Finance/Personnel, in which Coop held a 50 percent stake at the time. In 1999, he moved to the Coop subsidiary Interdiscount, as Coop writes in a press release on Friday. Sutter has been a member of Coop's Executive Board since January 1, 2010. As Head of the Trading Directorate, he is currently responsible for the Coop City department stores, the DIY+Hobby channel and numerous specialist formats such as Toptip/Lumimart, Import Parfumerien, Interdiscount and Dipl. Ing. Fust.
 
Sutter is not only taking over as Chairman of the Executive Board. He will also become Head of the Retail Directorate as of September 1. The renewed reporting of the core business to the CEO - as was already the case until 2009 - takes into account the great importance that the supermarket channel has and will continue to have in the future, writes Coop.
 
The current Head of the Retail Directorate, Philipp Wyss, was appointed Head of the Marketing/Procurement Directorate and Deputy Chairman of the Executive Board by the Board of Directors with effect from April 1. In this role, he replaces Jürg Peritz, who is leaving the company for reasons of age.
 
The reason for the personnel change is the delegates' meeting on Friday, which elected the former Managing Director Hansueli Loosli as an additional member of the Board of Directors. At the subsequent constituent meeting, the Board of Directors appointed Loosli as its Chairman, as planned.