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Renato Fernández left management Corporate Affairs to take over at Codelco

In a year marked by strong changes in its managerial staff, Cencosud announced on Thursday that Renato Fernández would leave the management of Corporate Affairs, a solution which would become effective on 31 January 2019.

Meanwhile Codelco told Fernandez that he would become vice president of Corporate Affairs and Sustainability of state miners starting February 18, in lieu of Patricio Chávez. Renato Fernández joined Cencosud in 2011 and previously worked as a communications manager for Endesa.

In addition, Cencosud announced that Sebastián Conde was appointed as the new Corporate Human Resources Manager, a position he would take on March 1, 2019.

The appointment came after mid-December, the holding, controlled by Horst Paulmann, reported the departure of Corporate Finance Manager Rodrigo Larraín and Corporate Human Resources Manager Rodrigo Hetz, which would make the company rely on December 31

On that occasion it was announced that the position of the Finance Manager would be borne by Matías Videla, the current Regional Manager of the Shopping Center, but the appointment of a new Human Resources manager had been delayed.

Year of change for Cencosud

In this way, Cencosud closed a year of major changes in its executive team. Before the departure of the Finance and Human Resources manager, in October the company appointed Antonio Ureta as the new manager of the Supermarket division, Eric Basset at the Home Improvement division and Matías Videla himself, who at that time assumed the Manager of the Department of Shopping division.

Meanwhile, in June Jaime Soler's resignation was announced after four years in charge of general management, which was replaced by Andreas Gebhardt, former general manager of Enel Distribución.

Among the main challenges for 2019 is the debut of the shopping center area. The company announced at the end of August the opening of the unit's stock exchange, an operation which is expected to increase around US $ 1,000 million, which would enable it to reduce its debt and strengthen the shopping center business.

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