CHINA: Carrefour has made a number of changes to its executive team in China. From 1 June, Patrick Ganaye, president of the East China area, will be transferred to Taiwan; Pierre Bertholat, the president for the South China area, will be transferred to the East China area; financial director Stephane Deutsch will become president for South China; and director for development Patrice Moulin will replace Deutsch as financial director. The retailer insisted the moves would not affect its strategy in the country.
AUSTRALIA: Coles is selling its online pharmacy business, Pharmacy Direct, to RX Direct and is to focus on transforming its core business. "In order to maintain focus and energy on the priority areas of our strategy, we have identified that it would be better to divest our interest in Pharmacy Direct," said Coles managing director Ian McLeod.
USA: Supervalu has named Craig Herkert from Wal-Mart as its new chief executive, replacing Jeff Noddle, who has been in the role since 2001. Noddle will continue to serve as executive chairman and will work closely with Herkert over the coming months to ensure a smooth transition. Herkert's official start date has not yet been determined by Wal-Mart.
"As we approach the end of year three of our transformation programme and I begin planning for retirement, the time is right to lay the groundwork for continuity of leadership," said Noddle. "Craig Herkert is a talented executive who has extensive experience in food retailing and supply chain management."