Stéfan Descheemaeker (former Delhaize) is Nomad and Iglo Group's new CEO | RetailDetail

Stéfan Descheemaeker (former Delhaize) is Nomad and Iglo Group's new CEO

Stéfan Descheemaeker (former Delhaize) is Nomad and Iglo Group's new CEO

Belgian Stéfan Descheemaeker, who used to be Delhaize Europe's CEO, will become CEO at British investor Nomad and at food giant Iglo, a company recently acquired by Nomad.

Double function

Descheemaeker will now become CEO at Nomad, the British Virgin Islands-based group which recently acquired frozen food manufacturer Iglo for 2.6 billion euro. As soon as the acquisition is finalized, Descheemaeker's appointment will be confirmed, the company said. At that time, he will also become Iglo Group's CEO, replacing Italian Elio Leoni Sceti who has announced he will join American cosmetics group Coty.

 

Noam Gottesman, Nomad's co-founder, has lofty expectations: "Stéfan’s background aligns with our aspirations to create a leading, global consumer foods company. He possesses a rare combination of food retailing and fast-moving consumer goods experience as well as a honed expertise in corporate M&A strategy." His built his expertise in corporate M&A strategy with Belgian brewer Interbrew among others.

 

Stéfan Descheemaeker left Delhaize in October 2013, because the former Delhaize Europe CEO had hoped to succeed Pierre-Olivier Beckers as the company's new CEO - only to see Dutch Frans Muller take the reins instead.

Questions or comments? Please feel free to contact the editors


Komono wants to reach 10 physical stores this year

17/05/2018

Belgian accessory label Komono wants to double its number of physical stores to ten this year. “The stores are important to tell our story”, Anton Janssens and Raf Maes told De Standaard.

Suitsupply suffers losses because of expansion

15/05/2018

Dutch Suitsupply has experienced a decent turnover growth last year, but its net result tumbled below zero because of its huge investments. Nevertheless, that is the only way forward according to its founder, whose focus is still fixed on the United States.

Starting this Friday, Belgium has its own national e-commerce event

15/05/2018

Move over, Black Friday! This week, Belgium launches its own national e-commerce event as Jack & Jones, Kiabi, La Redoute, Sarenza, Tape à l'Oeil and Veritas organise the first Belgian Friday.

H&M is turning to algorithms to boost sales again

14/05/2018

In an effort to reverse the decline in its worldwide sales, H&M is using technology that will help the world’s largest clothing brand stock its stores more efficiently, sell more effectively and adapt more quickly to current consumer trends.

Zalando's profit wiped away in first quarter

08/05/2018

German online retailer Zalando saw its first quarter profit completely wiped away: last year's 5.1 million euro net profit turned into a 15 million euro loss. Turnover grew 22 %, investments being the cause for both.

Strong online growth for Hugo Boss

03/05/2018

German fashion brand Hugo Boss managed growth in every region in the first quarter. Group turnover grew 5 % to 650 million euro, partially thanks to strong web shop sales.