German electronics retailer Ceconomy plans to suggest chief monetary officer (CFO) Remko Rijnders as chief govt officer (CEO) after Kai-Ulrich Deissner determined to step down for private causes, based on Reuters.
Deissner knowledgeable the corporate’s supervisory board that he intends at hand over the CEO function through the course of this 12 months. He assumed the place in Might 2025.
Deissner stated: “It’s time for me to open a brand new chapter in my life and reset my priorities. That is potential as a result of Ceconomy is excellently positioned.
“The imaginative and prescient and mission of reworking MediaMarkt and Saturn from a standard retailer into an omnichannel service platform has been carried out.
“After three years of steady enchancment in outcomes, we’re properly on monitor to attain our strategic targets, and the introduced cooperation with JD.com has set the course for the following part.”
Ceconomy stated its supervisory board will focus on the management transition at a gathering scheduled for 12 March 2026.
The deliberate change comes as the corporate strikes ahead with a takeover by Chinese language know-how group JD.com.
Deissner, who has backed the proposed acquisition, stated regulatory clearance for the transaction is anticipated within the first half of the 12 months.
In November 2025, the Italian Authorities granted conditional approval to JD.com’s deliberate buy of Ceconomy underneath Rome’s “golden energy” framework, which permits authorities to dam or impose situations on offers involving strategically necessary belongings.
Nonetheless, the next month, Italy imposed strict private knowledge safety necessities in reference to JD.com’s acquisition of Ceconomy’s Italian operations.
Ceconomy, the proprietor of electronics retail chains MediaMarkt and Saturn, expects the transaction with JD.com to help enhancements in logistics and know-how.
“Ceconomy plans CEO transition as Deissner prepares to step down – report” was initially created and printed by Retail Perception Community, a GlobalData owned model.
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