GrandVision intends to appoint Stephan Borchert as
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Stephan Borchert, currently EMEA president of cosmetic retailer Sephora, joins in January 2018
Schiphol, the Netherlands - 25 September 2017. The Supervisory Board of GrandVision N.V. will propose the appointment of Stephan Borchert as an additional member of thecompany's Management Board to its shareholders. For this appointment an extraordinary shareholders meeting will be called for Thursday, 14 December 2017.
The Supervisory Board intends to appoint Stephan Borchert as the CEO of GrandVision latest end of April 2018. He will succeed Theo Kiesselbach who announced in May 2017 that he will retire during 2018, after 16 years with the company.
Stephan Borchert, 47, a German national, has in depth retail experience with a variety of service oriented retailers. He began his professional career at fashion retailer Peek & Cloppenburg and then became a partner at Roland Berger Strategy Consultants. He went on to become president of Red Earth in Hong Kong and managing director of the international business of multinational cosmetics company Douglas, leading 750 retail locations in 18 countries. He then became member of the Executive Board at Celesio, which included responsibility for over 2,200 company owned pharmacies in numerous countries. As EMEA president of Sephora he managed more than 1,000 locations in 23 countries.
The Supervisory Board of GrandVision N.V. is pleased to have attracted such a broadly experienced international retail professional and is confident that its growth strategy will continue successfully with the combined experience of Stephan Borchert and the GrandVision leadership team.
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