CFO Christian Baier to leave METRO AG as of 30 September 2023
"Christian Baier has played a key role in transforming METRO from a conglomerate to a focused food wholesaler. With the completion of the portfolio adjustments and the definition of the new sCore strategy, the company is now entering a phase of consistent implementation of the wholesale strategy in the METRO countries. On behalf of the Supervisory Board, I would like to thank Christian Baier for his intensive and successful work over the past 12 years. He has ensured a stable financial position even in difficult phases such as the pandemic. We wish Christian Baier all the best for his professional and private future", says Jürgen Steinemann, Chairman of the Supervisory Board of METRO AG.
Christian Baier explains: "I have been passionate about working for METRO, the job has been exciting, and the teams are great. I am proud to have played a role in the successful focusing of METRO. The company is very well positioned for the future with its sCore strategy. Together with my colleagues, we have also successfully initiated the digital transformation of the finance organisation. Now is the right time for me to start something new. I am grateful for the time we have spent together and wish METRO and its employees every success!”
Christian Baier has been with METRO since 2011. He held various management positions, including Group Director Strategy, Business Innovation and M&A as well as Chief Financial Officer (CFO) of METRO Cash & Carry, before being appointed to the Management Board of METRO AG in November 2016.
METRO is a leading international food wholesaler which specialises in serving the needs of hotels, restaurants, and caterers (HoReCa) as well as independent merchants (Traders). Around the world, METRO has approx. 17 million customers who benefit from the wholesale company’s unique multichannel mix: customers can purchase their goods in one of the large stores in their area as well as by delivery (Food Service Distribution, FSD) – all digitally supported and connected. In parallel, METRO MARKETS is being developed as an international online marketplace for the needs of professional customers which has been growing and expanding continuously since 2019. Acting sustainably is one of the company principles of METRO which has been listed in various sustainability indices and rankings for many years, including FTSE4Good, MSCI, CDP and the Dow Jones Sustainability Index. METRO operates in more than 30 countries and employs over 93,000 people worldwide. In financial year 2021/22, METRO generated sales of €29.8 billion. More information can be found at MPULSE.de, our online magazine.
METRO AG
Metro-Straße 1
40235 Düsseldorf
Telefon: +49 211 6886-0
http://www.metrogroup.de
