Philippe Gautier is the brand new leader monetary officer (CFO) of the Selecta Group

Selecta Group BV, the route-based unattended self-service store in Europe, has appointed Philippe Gautier as leader monetary officer (CFO) of the gang.

Philippe succeeds Andreas Schneiter, who joined the gang in January 2020 as intervening time CFO and can step down from his function on the finish of October.

Philippe has vital operational and company finance experience. He is an skilled senior finance govt with huge control revel in running throughout client manufacturers. He joins the gang from SMCP, up to now a KKR portfolio corporate and mother or father corporate of Parisian type labels Sandro, Maje, Claudie Pierlot and De Fursac, the place he was once G]staff CFO and operations director, founded in Paris. Prior to this he served as CFO and COO throughout the Kering Group for world manufacturers Sergio Rossi and Puma in North America.

Joe Plumeri, govt chair of Selecta Group, mentioned: “We are delighted to welcome Philippe to Selecta as our chief financial officer. Philippe is a highly experienced operator with a unique understanding of consumer brands. He joins Selecta at a pivotal time for the group as we finalise a comprehensive recapitalisation transaction to strengthen our balance sheet with the support of our investors. Building on the strong foundations we have in place as a business, Phillipe’s wealth of experience will help drive our long-term growth.”

“I would also like to take this opportunity to thank Andreas for his contribution over the last 10 months on behalf of the Selecta team. Andreas has been a key member during this eventful period, most notably in the balance sheet restructuring project, the re-alignment of the finance function and managing some of the financial impacts of COVID-19. It has been great to have him on the team and we wish him all the best for his future.”

Christan Schmitz, CEO of Selecta Group, commented: “Philippe brings a deep knowledge of omni-channel retail and a proven track record of delivering strong financial performance, realising growth opportunities and improving financial KPIs. I am looking forward to working closely with him to deliver our strategy and drive the transformation of the Group.”