Following its acquisition last year, Selfridges Group has appointed André Maeder as its new CEO. Maeder, currently serving as the chief executive and managing director of KaDeWe Group, will assume his role on 1st May 2024 after stepping down from his position at KaDeWe Group on 1st November. Both Selfridges Group and KaDeWe Group are owned by Central Group, the parent company.
In August 2022, a consortium led by Thailand’s Central Group and Austrian property company Signa Group acquired Selfridges Group in a deal valued at £ 4 billion. The acquisition encompassed Selfridges’ European retail operations in the UK, Ireland, and the Netherlands, along with its indirect parent company, SHEL Holdings Europe Limited.
In his new position, André Maeder will be based in London, overseeing the management and coordination of the European group, which includes Selfridges in the UK, De Bijenkorf in the Netherlands, and Brown Thomas Arnotts in Ireland.
Maeder, known for his successful tenure at KaDeWe Group since 2014, has been instrumental in transforming the group’s luxury department stores: KaDeWe in Berlin, Alsterhaus in Hamburg, and Oberpollinger in Munich.
Starting from 1st November, Michael Peterseim, currently the managing director and chief financial officer of KaDeWe Group, will assume the role of CEO and chair.
KaDeWe Group is also expanding its leadership team, promoting Janina Schüßler to director of marketing communications and appointing Julia Lehmann as director of merchandise management, with added responsibilities in logistics. Both will officially begin their new roles on 1st November.