Issue 2012 July 17th

This issue was created on 2012-07-17 14:11:00

  • Russian giant announces CEO exit and US moveJuly 17, 2012
The X5 Retail Group has announced the exit of CEO Andrei Gusev from the company, after reporting another set of weak quarterly figures. The departure means that the largest retailer in Russia has lost two CEOs within a year, after Lev Khasis left last year to join US retail giant Walmart, which is rumoured to be circling Russia again.
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