Former Secretary of State Laurent Pietraszewski will chair the board of directors of Casino. His arrival will be effective once his buyers, led by Czech billionaire Daniel Kretinsky, have taken control of Casino at the end of March.

The current CEO and first shareholder Jean-Charles Naouri “will resign from all of his functions with immediate effect”, as will “all of the members of theBoard of Directors” with one exception, according to the distributor’s financial documentation.