The 48-year-old Spaniard is returning to his hometown in Catalonia.
The CEO of Media-Saturn-Holding, Ferran Reverter Planet, is resigning from office and will in future run the business of the football club FC Barcleona. Ceconomy's board of directors and supervisory board had agreed to a mutual cancellation of the contract on June 30, Ceconomy announced on Sunday in Düsseldorf.
The 48-year-old Spaniard is returning to his hometown in Catalonia. He has been working for the group since 2002, and in October 2018 he took over as Chief Executive Officer (CEO) of the Media-Saturn-Holding.
The chairman of the supervisory board, Thomas Dannenfeld, wants to use the change in personnel to create a “uniform management structure”. This should be established as soon as the group has taken over the remaining shares of the Media Markt founding family Kellerhals.
Ferran Reverter had initially made a career at Media Markt and Saturn in his Spanish homeland and was appointed to head the electronics retail chains in October 2018. At the head office in Ingolstadt, he had advanced digitization and simplified the structures in purchasing and logistics. Insiders had also said he had ambitions for the chief position at Ceconomy. At the head of the Düsseldorf Holding is the former Beiersdorf manager Bernhard Düttmann as interim boss. His contract ends in October. Dannenfeldt now has to find a personnel solution for the dealer's new structure.
Because Ceconomy swallows MediaMarktSaturn completely, the general meeting of the Düsseldorf Holding had only approved the transaction in February. In return, the previous minority owner of the electronics retail chain, the pugnacious Kellerhals family, joins Ceconomy directly and becomes the largest single shareholder with over 25 percent. The transaction should also eliminate duplicate structures between Ingolstadt and Düsseldorf.
Despite a booming online business, MediaMarkt and Saturn are currently suffering from the consequences of the Corona crisis. Numerous branches had to temporarily close their doors. As the largest electronics retail chain in Europe, Media Markt and Saturn operate more than 1000 stores with over 47,000 employees, 420 of them in Germany.
