Gerhard Schroeder joins supervisory board of Russian retail chain Globus

Former German Chancellor begins work in Russian business

Gerhard Schroeder, who was previously proposed by Vladimir Putin as a potential negotiator from the EU, has obtained a new position in Russia. The politician has joined the supervisory board of the company managing the Globus hypermarket chain.

The decision was made at the general meeting of participants of OOO "GiperGlobus". In his new role, the former German politician will be responsible for overseeing the strategic development of the chain in the Russian market.

Details of the appointment and management comments

According to information cited by the Russian publication RBC, Schroeder will participate in the general management of the structure and facilitate the "long-term planning of activities" of the company in the Russian Federation.

The company's management explained the appointment of the German by his "experience in the political and economic life of Russia," as well as the need to "strengthen expert support" for the business.