METRO AG (MTTWF.PK), a German food wholesaler, said on Thursday that its supervisory board has extended the contracts of all members of the management board until December 31, 2030, ahead of schedule.
This decision aims to ensure continuity in the transformation process and stability in the management.
Roman Silha, Chairman of the Supervisory Board of METRO AG, said: "The implementation and execution of the sCore strategy have significantly advanced Metro. The current executive team has played a key role in this progress. With sCore, growth targets have been set through 2030. Therefore, it is absolutely logical to ensure stability for this period and to signal our confidence in the Management Board of Metro AG."
METRO AG has extended the contracts of its Chief Executive Officer Steffen Greubel, Chief Operating Officer Christiane Giesen, Chief Financial Officer Eric Riegger, and others ahead of schedule until December 31, 2030.
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