PARIS (AFN) - The French supermarket group Carrefour, the Swede Lars Olofsson as a new CEO. The food group Nestle coming Olofsson follows a January 1 Jose Luis Duran, who is under pressure from shareholders the field must overcome.
Carrefour in France has increasingly affected by cheaper competitors. In addition, the company has several major shareholders are reluctant to foreign takeovers. Carrefour's share this year already lost 44 percent of its value.
Olofsson was with Nestle responsible for international marketing and sales activities. He is the second top executives in a short time that the Swiss group on their heels. In September, Chief Financial Officer Paul Polman chairman at rival Unilever.
Carrefour in France has increasingly affected by cheaper competitors. In addition, the company has several major shareholders are reluctant to foreign takeovers. Carrefour's share this year already lost 44 percent of its value.
Olofsson was with Nestle responsible for international marketing and sales activities. He is the second top executives in a short time that the Swiss group on their heels. In September, Chief Financial Officer Paul Polman chairman at rival Unilever.
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