Jean-Charles Naouri

Jean-Charles Naouri: Companies

Naouri's professional journey includes significant roles in several prominent companies. In 1987, he joined Rothschild & Cie Banque as a Managing Partner, demonstrating his expertise in the financial industry. He went on to establish the investment fund Euris, which focused on acquiring minority equity investments in industrial companies.

Naouri's involvement in the retail sector began in 1991 when he acquired Rallye, a Brittany-based retailer facing cash flow challenges. His strategic acumen led to the merger of Rallye with Groupe Casino in 1992, making him the largest shareholder of Groupe Casino.

Naouri's leadership and vision were instrumental in shaping the trajectory of Groupe Casino. In 1997, he successfully thwarted a hostile takeover bid for Groupe Casino by Promodès, preserving the Group's independence. His appointment as chairman and chief executive officer of Casino Group in March 2005 marked a new era for the company.

Under Naouri's guidance, Casino Group underwent significant transformations.

He refocused the French operations on the convenience format segment, positioning the company for growth. Additionally, he strengthened Casino's presence in the discount segment through the Leader Price chain and the Cdiscount e-commerce website.

Naouri's global expansion strategy led to the acquisition of a controlling interest in the Brazilian retailer Pão de Açúcar in 2012. Furthermore, he acquired 50% of the French retailer Monoprix, eventually becoming the sole shareholder.