This article is from: srnnews.com
BERLIN, March 6 (Reuters) – The departing chief executive of Ceconomy told Reuters on Friday that the German electronics retailer’s supervisory board is set to meet on Thursday to discuss the next steps.
The company, which is about to be taken over by Chinese tech group JD.com, had said earlier in the day CEO Kai-Ulrich Deissner would step down this year for personal reasons.
Deissner had served as chief financial officer at Ceconomy since February 2023 before being appointed to the CEO role in May 2025.
Deissner, who had previously supported the takeover by JD.com, said regulatory approval of the acquisition was expected in the first half of this year.
Ceconomy, which owns the MediaMarkt and Saturn electronics retail chains, aims to benefit from JD.com particularly in the areas of logistics and technology.
(Reporting by Matthias Inverardi, writing by Linda Pasquini, editing by Miranda Murray)
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