Friday, May 18, 2018

Lidl U.S. names new CEO

Supermarket News
Lidl U.S. announced Thursday that Johannes Fieber was named company president and CEO. He will replace Brendan Proctor, who has spearheaded the company’s U.S. efforts since 2015.

Proctor played a pivotal role in Lidl’s entry to the U.S., having been appointed CEO of the operation in June 2015, two years before the discounter opened its first stores. The company has seen its growth plans in the U.S. curtailed in the months since announcing them.. . . more