Jean-Charles Naouri,
Chairman and Chief Executive Officer
of Groupe Casino
Jean-Charles Naouri (born March 8, 1949 in Bône (now Annaba), Algeria, is a French entrepreneur who is currently Chairman, Chief Executive Officer and controlling shareholder of Groupe Casino.
Jean-Charles Henri Naouri is a French entrepreneur and businessperson who founded La Fondation d'Entreprise Groupe Casino, Fondation Euris and Euris SAS and who has been at the helm of 14 different companies. For the Casino Group, 2019 was marked by continued development in France, Casino remains focused on its strategic priorities: development of its buoyant formats and, the Group's repositioning – with the disposal of Leader Price which brings the total proceeds from disposals signed in connection with the disposal plan to €2.8 billion.
- Jean-Charles Naouri, the chief executive and controlling shareholder of supermarket giant Casino, whose stores include the upmarket Monoprix brand and Franprix convenience stores, had, six months.
- PARIS (Reuters) - Shares in French retailer Casino surged more than 10% on Friday after controlling shareholder Jean-Charles Naouri won some respite as his debt-laden Rallye investment vehicle was placed under protection from creditors.
- Casino Group's headquarters country, top executive, number of stores, sales, and countries of operation. Casino Group Profile Jean-Charles Naouri Casino sales Group Casino Supermarket News.
Jean-charles Naouri Groupe Casino
Education
At 14, Mr Naouri was awarded first prizes for top scores on both the Latin and Greek exams in France's national concours général competition for high school students. At 15, he passed his baccalauréat exam with highest honours, and in 1967, he ranked first in the nationwide entrance examination to the École normale supérieure (Mathematics). He then earned a PhD in Mathematics in just one year. Mr Naouri also attended Harvard University and the Ecole Nationale d'Administration (ENA), where he graduated from in 1976.
Early career
Metete el dedo salsa casino. Civil servant
After graduating from ENA in 1976, Mr Naouri joined the Inspection des finances, the auditing and supervisory body of the French Administration. From 1982 to 1986, he served as chief of staff for Pierre Bérégovoy, both at the Ministry of Social Affairs and National Solidarity and the Ministry of Economy, Finance and Budget. During this period, he was the architect of the reforms implemented in the French financial markets, which included the creation of the MATIF futures and MONEP options markets and the introduction of certificates of deposit and commercial paper. In particular, he helped drive the financial market liberalization with measures to ease currency controls and eliminate credit restrictions.
Rothschild & Cie Banque
In 1987, Mr Naouri left government service and joined Rothschild & Cie Banque as Managing Partner. Around the same time, he established his own investment fund, Euris, which acquired minority equity investments in industrial companies, while rapidly increasing its investment capabilities.
Global retailing
Rallye
In the early 1990s, Mr Naouri shifted his investment strategy from opportunistic to acquiring strategic stakes. As part of this new strategy, in 1991 he acquired the Brittany-based retailer Rallye, which at the time was facing serious cash flow issues/challenges. Convinced of the future potential for retailing and the benefits of combining the two companies, in 1992 he engineered a merger of Rallye with Groupe Casino, thereby becoming Groupe Casino's largest shareholder.
Groupe Casino
In 1997, a hostile takeover bid for Groupe Casino by rival retailer Promodès was thwarted by the successful counter offer from Jean-Charles Naouri, the Guichard family and Casino management, thereby maintaining the Group's independence.
In March 2005, Mr Naouri became Chairman and Chief Executive Officer of Casino Group, leading a substantial transformation of the retailer's profile by disposing of underperforming business segments in Poland, the United States, Taiwan and the Netherlands and strengthening the Group's presence in fast-growing markets. This made Casino the leading food retailer in South America (especially Brazil and Colombia), the Indian Ocean and Vietnam and the second largest in Thailand.
In France, Mr Naouri has refocused French operations in the convenience format segment, Groupe Casino's core business, and also positioned Casino in the discount segment by developing the Leader Price chain and the Cdiscount e-commerce website acquired in 2000.
In 2012, Groupe Casino acquired a controlling interest in Brazilian retailer Pão de Açúcar, the country's largest private-sector employer. The Group also purchased the 50% of French retailer Monoprix, which it did not already own, becoming the sole shareholder.
Early career
Metete el dedo salsa casino. Civil servant
After graduating from ENA in 1976, Mr Naouri joined the Inspection des finances, the auditing and supervisory body of the French Administration. From 1982 to 1986, he served as chief of staff for Pierre Bérégovoy, both at the Ministry of Social Affairs and National Solidarity and the Ministry of Economy, Finance and Budget. During this period, he was the architect of the reforms implemented in the French financial markets, which included the creation of the MATIF futures and MONEP options markets and the introduction of certificates of deposit and commercial paper. In particular, he helped drive the financial market liberalization with measures to ease currency controls and eliminate credit restrictions.
Rothschild & Cie Banque
In 1987, Mr Naouri left government service and joined Rothschild & Cie Banque as Managing Partner. Around the same time, he established his own investment fund, Euris, which acquired minority equity investments in industrial companies, while rapidly increasing its investment capabilities.
Global retailing
Rallye
In the early 1990s, Mr Naouri shifted his investment strategy from opportunistic to acquiring strategic stakes. As part of this new strategy, in 1991 he acquired the Brittany-based retailer Rallye, which at the time was facing serious cash flow issues/challenges. Convinced of the future potential for retailing and the benefits of combining the two companies, in 1992 he engineered a merger of Rallye with Groupe Casino, thereby becoming Groupe Casino's largest shareholder.
Groupe Casino
In 1997, a hostile takeover bid for Groupe Casino by rival retailer Promodès was thwarted by the successful counter offer from Jean-Charles Naouri, the Guichard family and Casino management, thereby maintaining the Group's independence.
In March 2005, Mr Naouri became Chairman and Chief Executive Officer of Casino Group, leading a substantial transformation of the retailer's profile by disposing of underperforming business segments in Poland, the United States, Taiwan and the Netherlands and strengthening the Group's presence in fast-growing markets. This made Casino the leading food retailer in South America (especially Brazil and Colombia), the Indian Ocean and Vietnam and the second largest in Thailand.
In France, Mr Naouri has refocused French operations in the convenience format segment, Groupe Casino's core business, and also positioned Casino in the discount segment by developing the Leader Price chain and the Cdiscount e-commerce website acquired in 2000.
In 2012, Groupe Casino acquired a controlling interest in Brazilian retailer Pão de Açúcar, the country's largest private-sector employer. The Group also purchased the 50% of French retailer Monoprix, which it did not already own, becoming the sole shareholder.
Social responsibility commitment
In addition to his business activities, Jean-Charles Naouri is also the founder of the Euris Foundation, which he created in 2000. Each year, the Foundation grants 40 scholarships to promising high school graduates from impoverished neighbourhoods in France.
He is also Vice Chairman of the Groupe Casino corporate foundation, which he founded in 2009 to improve access to culture and knowledge for children who are disadvantaged or suffering from illness.
In addition, he is Honorary Chairman and Trustee of Ecole Normale Supérieure's Institut d'Expertise et de Prospective, which is responsible for developing ties between the school and the corporate world.
In June 2013, Mr. Naouri was appointed by France's Ministry of Foreign Affairs to be a special representative for Economic relations with Brazil.
Main Executive Positions
- Chairman and Chief Executive Officer of Casino, Guichard Perrachon (listed company)
- Chairman of Euris
Positions within the Casino/Euris Group as of 8 March 2016
- Chairman of the Board of Directors of Rallye (listed company)
- Chairman and member of the Board of Directors of Companhia Brasileira de Distribuição (listed company – Brazil)
- Chairman and Chief Executive Officer of Casino Finance
- Vice-President of Fondation d'Entreprise Casino
- Chairman of Fondation Euris
Positions outside the Casino/Euris Group
- Director of Financière Marc de Lacharrière (Fimalac) (listed company)
- Chairman of Association Promotion des Talents, a non-profit organisation
- Honorary Chairman and Director of the Institut de l'Ecole Normale Supérieure
Jean Charles Naouri Children
Official photos of Jean-Charles Naouri
Jean-Charles Naouri | Jean-Charles Naouri | Jean-Charles Naouri |
Jean-Charles Naouri | Jean-Charles Naouri | Jean-Charles Naouri |
