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Germany's Metro AG says it approves departure of CEO Koch by year-end

Published 08/23/2020, 09:28 AM
Updated 08/23/2020, 09:30 AM
© Reuters. Annual general shareholders meeting of Metro AG in Duesseldorf
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FRANKFURT (Reuters) - The supervisory boad of Metro AG (DE:B4B) on Sunday approved the decision by CEO Olaf Koch to quit the German retailer by the end of the year, the company said.

© Reuters. Annual general shareholders meeting of Metro AG in Duesseldorf

The group will start a structured process to look for a successor, it said.

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