Skip to main content

Darren Huston, Allegro appoints new CEO Francois Nuyts

Allegro, a leading online marketplace in Poland, today announces the appointment of Francois Nuyts as Chief Executive Officer with effect from 1 August 2018. Przemyslaw Budkowski, the current CEO, will be stepping down to pursue other business interests.

Mr. Nuyts joins from Amazon where he was most recently responsible for establishing Amazon in Southern Europe, as Vice President & Managing Director of Amazon Spain and Italy. Prior to this, he held various senior management roles within Amazon, including Country Manager, Spain; and Director, Media Categories, France, Italy and Spain. Previously, Mr. Nuyts worked at the consultancy firm Accenture. Mr. Nuyts will be relocating to Warsaw.

Przemyslaw Budkowski has been CEO of Allegro for more than seven years. During this time, Allegro has continued to expand, becoming Poland’s leading eCommerce engine. Allegro offers more than 90 million products through a community of more than 100,000 Polish merchants who sell their products and services to millions of Polish customers every year.

In recent years, Allegro has achieved significant growth in Poland and has:

Become one of the most recognised brand names in the country in rankings such as
Superbrands

Helped drive ecommerce penetration enabling Poles to shop online becoming the #1 marketplace for non-food retail (online and offline), #1 online shopping destination in Poland and #6 eTail business in Europe.

Darren Huston, Executive Chairman, Allegro, said:

“The CEO transition comes at a good time for the company. We have a strong leadership team and are very excited about the future, including the strong pipeline of innovation we will deliver to our customers and merchant partners in the coming months.

Read full story @ https://www.cinven.com/media/news/allegro-appoints-new-ceo/

Comments

Popular posts from this blog

Sachin Dev Duggal bootstrapped Engineer.ai

Sachin Dev Duggal is a serial entrepreneur building a Human-Assisted AI that empowers everyone to build & operate technology. He has bootstrapped Engineer.ai since 2012, which was created with the belief that everyone should be able to build their ideas without needing to code and that any idea can be made into a reality without wastage of time, money or resources. He holds a degree in B. Eng from Imperial College London and a degree in Entrepreneurial Master's Program from MIT. He is an Information Systems Engineer with specialization in Mandarin, Finance, Distributed Systems, Software Engineering, Computational Maths and Operations research with Game Theory. At the age of 14, Sachin Duggal ended up accidentally breaking his mother's computer. Afraid of her reaction, he researched relentlessly until he put the system back together to perfect form. One thing led to another and he established a small PC business at the age of 14. In the following years...

Deep Learning For Factory Automation

Customary machine vision frameworks perform dependably with steady, all around produced parts. They work through bit by bit separating and decide based calculations that are more savvy than human review. In any case, calculations become awkward as special cases and imperfection libraries develop. Certain customary machine vision examinations, like last get together confirmation, are famously hard to program because of various factors that can be difficult for a machine to segregate like lighting, changes in shading, arch, and field of view. Sachin Dev Duggal Chief Wizard of Builder AI on Twitter : Now deep learning has penetrated into various fields, manufacturing, services, the Internet, big data, cars and so on. With the deepening of AI technology, deep learning has greatly improved industrial efficiency. Benefits of Human Inspection In contrast to conventional machine vision, people are capable at recognizing unpretentious corrective and useful blemishes, too valuing varieties to...

Varun kapur Yes Bank Former President Over Investment Portfolio

With financing costs especially low and their solidifying to create "genuine" returns improbable in the close to term, financial backers need to take a gander at expanded roads to produce imperative danger changed returns, said Varun Kapur Yes Bank Former President and Presently an Independent Investor. Debt – As yields on bank fixed stores are low, financial backers can take a gander at InVITs, REITs, MLDs (Market Linked Debentures), NCDs as elective instruments to create returns well above FDs. Financial backers should think about appraisals of these instruments, family of the guarantor, their latest monetary outcomes, sway on Coronavirus/lockdowns on their plan of action among different factors prior to choosing the particular paper.  Read this also :   https://www.daijiworld.com/news/newsDisplay?newsID=857190 Balanced – While marginally more hazardous than traditional stores and obligation, financial backers can stop some monies in exchange reserves. A few AMCs offe...