Esselunga is to appoint the new CEO: Sami Kahale, Egyptian engineer living in Italy for several years, will succeed the current Managing Director Carlo Saza who, as newly elected President, will be in charge of defining the new distribution chain strategies.
Kahale, 58, graduated in engineering at the University of Notre Dame in Indiana (MBA in Economics at Babson College in Massachusetts) joined Esselunga in 2018 as general manager, after spending 33 years with Procter & Gamble and holding positions of increasing responsibility at national and international level, until becoming managing director for Southern Europe.
During his first year at Esselunga, Sami Kahale transferred both his know how and his organizational, managerial and marketing skills to the managers.
Esselunga closed financial year 2018 with sales amounting almost 8 billion Euro and an adjusted Mol of 710 millions. such positive trend was confirmed over the first 2 quarters of 2019, with sales grown by 2.9%.
Source: Distribuzione Moderna