Michael Inacker resigns as Head of Corporate Communications and Public Affairs of METRO GROUP

15 December 2011

Dr. Michael Inacker, Head of Corporate Communications, Public Affairs and CSR at METRO GROUP, asked the Management Board to accept his resignation effective at year's end. This is why, upon Inacker's request, his contract will be terminated upon mutual consent effective 31 December 2011. 

Inacker, who has been heading this function since early 2009, justified this step with a professional reorientation. Over and above this, he pointed out that, as the company's Head of Corporate Communications, he had also been very exposed personally during the month-long and sometimes heated public debates about the top management positions at METRO AG. "I think it is important that the new CEO, Olaf Koch, can make a fresh start without being burdened by the recent debates", says Inacker. 

The designated CEO, Olaf Koch, accepted the decision with regret: "I would gladly have continued the successful cooperation of recent years with Michael Inacker in my new position, but I respect his decision". In the name of the Management Board of METRO AG, Koch also thanked him for his achievements during the past three years. "Michael Inacker has given a clear profile and strong impact to the external and internal communication of METRO GROUP in sometimes turbulent times. He is also responsible for giving higher visibility to the whole company through a modern umbrella brand campaign". METRO GROUP's relationships with the media, politics and social stakeholders have been placed on a new footing. Also, Inacker has given METRO GROUP "a new standing with the establishment of the Sustainability Board in this increasingly important field and allowed the company to achieve better rankings in important indices like the Dow Jones Sustainability Index. In addition, he also realigned our company's relationships with politics and, through our representative offices, allowed for different and more modern forms of promoting our interests". 

Peter Wübben will be in charge of METRO GROUP's Corporate Communications until the succession has been resolved. 

METRO GROUP is one of the largest and most international retailing companies. In 2010 the Group reached sales of around € 67 billion. The company has a headcount of some 280,000 employees and operates more than 2,100 stores in 33 countries. The Group's performance is based on the strength of its sales brands which operate independently in their respective market segment: Metro/Makro Cash & Carry - the international leader in self-service wholesale, Real hypermarkets, Media Markt and Saturn - European market leader in consumer electronics retailing, and Galeria Kaufhof department stores.