Electrical retailer Darty names Schultz as new CEO

Multinational electrical retailer Darty Group has appointed Rgis Schultz as its new Chief Executive Officer (CEO) with immediate effect, ahead of the scheduled date of May 1st.

Dominic Platt, who had been operating as Acting CEO, will revert to his previous role of Finance Director, the group said.

Darty operates over 450 stores in eight European countries and some 11% of its products sales are transacted on the web.

In the 2011/12 year, it generated an annual turnover of nearly €4.0bn through three operating segments: Darty (France), Other Established Businesses, which consist of Vanden Borre in Belgium, BCC in the Netherlands, and Datart in the Czech Republic and Slovakia, and Developing Businesses, which consist of Darty Spain and Darty Turkey.

Darty's share price was down 0.51% to 48.75p at 15:09 on Tuesday.

MF