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This is the second major change in the retail business after Sandro Solari's departure from Falabella's management. Now, through a key event signed by Horst Paulmann, the resignation of Jaime Soler, CEO of Cencosud and who was in charge of the company since January 2015, was announced.
"The board accepted the resignation and thanked Mr. Soler's contribution to the consolidation process in the years in which he held his position," said the company;
The holding company explained that Soler would remain in office until September 30, but that as of October 1, he will be replaced by Andreas Gebhardt, who today presented his resignation to Enel Distribución
It is appropriate To note that in November 2014, Horst Paulmann surprised the market by naming Jaime Soler as the new CEO of Cencosud.It came when the holding company has accumulated three years with profits down, its category of products is a little too big. investment was threatened and stocks on the floor, but under his leadership, the company turned around.In September 2016, Cencosud managed to multiply the accumulated profit five times and managed in November to reduce the conglomerate's debt rat at its lowest level in three years
Jaime Soler: the bet of Horst Paulmann Cencosud who gained the confidence of the market
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