Stephan DuCharme (April 20, 1964,

Addis Ababa Addis Ababa (; am, አዲስ አበባ, , new flower ; also known as , lit. "natural spring" in Oromo), is the capital and largest city of Ethiopia. It is also served as major administrative center of the Oromia Region. In the 2007 census, t ...

Ethiopia Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the ...

) is an executive with more than 30 years of experience leading organizations in the financial, industrial and retail sectors. He is currently

Senior Advisor In some countries, a senior advisor (also spelt senior adviser, especially in the UK) is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a N ...

to L1 Retail and

Non-Executive Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

of the Board of Dia Group. He is a citizen of

United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...

and

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

. He is fluent in English, German, French, Spanish, and Russian.

Biography

DuCharme graduated with honors from

University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant u ...

(USA), has an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

degree from

INSEAD INSEAD, a contraction of "Institut Européen d'Administration des Affaires" () is a non-profit business school that maintains campuses in Europe ( Fontainebleau, France), Asia (Singapore), the Middle East (Abu Dhabi, UAE), and North America (San ...

business school A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, o ...

. From 1987 to 1991, he was a financial analyst in

Salomon Brothers Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York. It was one of the five largest investment banking enterprises in the United States and the most profitable firm on Wall Street duri ...

Bank. Since 1992, he has been a vice head of the Moscow office in the

European Bank of Reconstruction and Development The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially foc ...

(EBRD). From 1997 to 2001, he has worked as corporate development, finance and supervisory director in

Alfa Group Alfa Group Consortium () is Russian international privately owned investment groups, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, water utilities and special sit ...

. In 2001, he left for

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

and was one of the leaders in SUN Group, where he particularly supervised SUN Interbrew. DuCharme was a board member of directors in CSA

Czech Airlines Czech Airlines j.s.c. (abbreviation: ČSA, cz, České Aerolinie, a.s.) is the flag carrier of the Czech Republic. Its head office is located in the Vokovice area of Prague's 6th district and its hub is Václav Havel Airport Prague. The compa ...

Alfa-Bank ALFA-BANK JSC (Alfa-Bank), is the largest of the private banks in Russia. It was founded in 1990 by Russian businessman Mikhail Fridman, who is still the controlling owner today. Headquartered in Moscow, it operates in seven countries, providin ...

, and SUN Interbrew Ltd, and was a member of the supervisory board in Iberia Refreshments (

Tbilisi Tbilisi ( ; ka, თბილისი ), in some languages still known by its pre-1936 name Tiflis ( ), is the Capital city, capital and the List of cities and towns in Georgia (country), largest city of Georgia (country), Georgia, lying on the ...

Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...

), as well as a member of the supervisory board in Concern Galnaftogas (

Lviv Lviv ( uk, Львів) is the largest city in western Ukraine, and the seventh-largest in Ukraine, with a population of . It serves as the administrative centre of Lviv Oblast and Lviv Raion, and is one of the main cultural centres of Ukraine ...

Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...

). From December 2006 to September 2008, he was board member of the Siberian Coal Energy Company, as chairman of Committee of Staff and Rewards, a member of committee of budget, auditing and internal control. From October 2008 to July 2012, he was a member of the supervisory board at

X5 Retail Group X5 Group (previously known as X5 Retail Group and commonly known as X5) is Russia's largest food retailer. The company operates several retail formats: convenience stores under the Pyaterochka brand, supermarkets under the Perekrestok brand a ...

, where he was on the head of Stuff Committee. From July 2012 to April 2013 he was acting-, and from April 2013 to November 2015 the

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

at X5 Retail Group. From November 2015 to march 2022, he was chairman of the supervisory board at X5 Retail Group. X5 Retail Group (

LSE LSE may refer to: Computing * LSE (programming language), a computer programming language * LSE, Latent sector error, a media assessment measure related to the hard disk drive storage technology * Language-Sensitive Editor, a text editor used ...

ticker: FIVE) is the largest retailer in Russia. As of 31 March 2017, X5 had 9,817 Company-operated stores. Its store base includes 9,002 Pyaterochka proximity stores, 544 Perekrestok supermarkets, 90 Karusel hypermarkets and 181 convenience stores. Since March 2016, DuCharme has been a member of the board of trustees at «Rus» Food Foundation. Since December 2016 he has been the head of L1 Retail. L1 Retail agreed to buy Britain's

Holland & Barrett Holland & Barrett (H&B) is a multinational chain of health food shops with over 1,300 stores in 16 countries, including a substantial presence in the United Kingdom, Republic of Ireland, Netherlands, Belgium, Mainland China, Hong Kong, India, ...

for 1.77 billion pounds ($2.26 billion) in its first acquisition. DuCharme was executive chairman of the Dia Group between May 2020 and August 2022, and led the thorough transformation of its strategy, business model, processes and offering. In August 2022 the company separated the role of CEO and chairman. DuCharme was appointed non-executive chairman and Martín Tolcachir, until then CEO of Dia Argentina, was appointed Global CEO of Dia Group.

References

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* * * * {{DEFAULTSORT:DuCharme, Stephan 1964 births Living people Alfa Group Russian chief executives Russian corporate directors Russian business executives Chief executives in retail Businesspeople in retailing People from Addis Ababa University of California, Berkeley alumni INSEAD alumni Russian businesspeople in the United States

Biography

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References

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