Zygmunt Mierdorf, a management board member at German retail giant Metro Group, is to leave by “mutual agreement”.
Mierdorf, a member of the board since 1999, will leave the company’s board with effect from 2 March.
Metro said today (26 February) that its supervisory board had reached the decision by “mutual agreement”.
As a result, Mierdorf’s responsibilities on the board will be in part reassigned to chairman and CEO Eckhard Cordes, and the board will be downsized from six to five members.
CFO Olaf Koch will take responsibility for IT.
Mierdorf joined Metro in 1991 and served as managing director and spokesman of the management board of different Metro Group entities. In 1999 he was appointed to the management board where he was responsible for e-business, real estate, IT, logistics, human resources and purchasing.
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By GlobalDataSince the restructuring of the board in September, Mierdorf held the functions of chief human resources officer and chief information officer.