Multinational distribution group CGE appoints Stefano della Valle as CEO

The CEO of Central Group Europe (CGE), a subsidiary of Central Group, which operates department store chains of Thai companies in Europe (Rinascente in Italy, Cardeve Group in Germany, Tsum Globas Magazine in Switzerland, Irum in Denmark) Stefano della Valle, CEO, has been appointed CEO of CGE and is also responsible for its real estate portfolio.

Della Valle succeeds Vittorio Radiche, Long-time CEO of CGE, serves as a non-executive director. Radice will continue to be involved in the company’s decision-making process, speaking to stakeholders and overseeing the opening of new SMCs in Vienna, Düsseldorf and Basel, as well as the transformation of the units in Zurich and Geneva.

Italian director Della Valle joins Rinascente Inaugurated as CFO in 2006. He has been involved in a complete overhaul of the chain’s business model, driving sustainable growth stages and achieving great success in the luxury department store sector. In 2017, Della Valle was responsible for the operations of the Central Group in Europe and participated in the transformation process of the Cardeve, Globus and Irum Group, and the associated commercial real estate activities. Della valle Deloitte And before joining Rinascente, Prada In Italy and France.

Central Group is a multinational corporation operating in the retail, real estate and hospitality sectors and has a strong presence in Europe, Thailand and Vietnam. The group is a major player in multiple forms and categories of retail in the food and non-food sectors, including Thailand’s leading department store chain Central Department Store and Thailand’s largest supermarket chain Central. We operate retail food stores. Among the group’s other subsidiaries, Centra Pattana is Thailand’s leading shopping center operator and commercial real estate developer, expanding its portfolio to include housing, offices and hotels nationally and internationally. Meanwhile, Centara owns and operates more than 60 hotels around the world.