Exito CEO, Gonzalo Restrepo, to step down in March

After 23 years with Almacenes Exito, Gonzalo Restrepo, will step down as president and CEO, a decision that will be effective on March 19th. The Board of Directors studied and unanimously approved Restrepo’s resignation  and highlighted his “invaluable contribution to the consolidation of a business venture that allowed him to develop all of his professional potential and build deep friendships that will last a lifetime.”

The Board also named Carlos Mario Giraldo as the new president and CEO, a position Giraldo will fill starting March 20th. Since coming to Almacenes Exito in 2008, Giraldo has been the head of retail operations and has worked closely with Restrepo, which is sure to translate into a smooth transition.

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