Stephan DuCharme

Stephan DuCharme (April 20, 1964, Addis Ababa, Ethiopia) [1][2] is a European and Russian manager. He is head of the supervisory board at X5 Retail Group (the largest retailer in Russia) and managing partner at L1 Retail (part of LetterOne).[3][4]

Stephan DuCharme
Born (1964-04-20) 20 April 1964 (age 58)
CitizenshipUnited States, Germany
Occupationtop manager
OrganizationL1 Retail, X5 Retail Group

He is a citizen of United States of America and Germany.[1][2] He is fluent in English, German, French, Spanish, and Russian.[5]


DuCharme graduated with honors from University of California, Berkeley (USA), has an MBA degree from INSEAD business school.[1][2][6] From 1987 to 1991, he was a financial analyst in Salomon Brothers Bank.[1][6]

Since 1992, he has been a vice head of the Moscow office in the European Bank of Reconstruction and Development (EBRD). From 1997 to 2001, he has worked as corporate development, finance and supervisory director in Alfa Group.[1][7]

In 2001, he left for London and was one of the leaders in SUN Group,[8] where he particularly supervised SUN Interbrew.[1]

DuCharme was a board member of directors in CSA Czech Airlines, Alfa-Bank, and SUN Interbrew Ltd,[6][1][2][9] and was a member of the supervisory board in Iberia Refreshments (Tbilisi, Georgia),[10] as well as a member of the supervisory board in Concern Galnaftogas (Lviv, Ukraine).[6][11][12]

From December 2006 to September 2008, he worked at NED of the Siberian Coal Energy Company,[4][13] as chairman of Committee of Staff and Rewards, a member of committee of budget, auditing and internal control.[14]

From October 2008 to July 2012, he was a member of the supervisory board at X5 Retail Group,[1] where he was on the head of Stuff Committee.[15] From July 2012 to April 2013 he was acting-, and from April 2013 to November 2015 the chief executive officer at X5 Retail Group.[6][16][8]

Since November 2015 he has been chairman of the supervisory board at X5 Retail Group.[2][17]

X5 Retail Group (LSE ticker: FIVE) is the largest retailer in Russia.[18][19] As of 31 March 2017, X5 had 9,817 Company-operated stores. Its store base includes 9,002 Pyaterochka proximity stores, 544 Perekrestok supermarkets, 90 Karusel hypermarkets and 181 convenience stores.

Since March 2016, DuCharme has been a member of the board of trustees at «Rus» Food Foundation.[20]

Since December 2016 he has been the head of L1 Retail.[21] L1 Retail agreed to buy Britain's Holland & Barrett for 1.77 billion pounds ($2.26 billion) in its first acquisition.[22][23]

On May 20, 2020, he became CEO of the DIA Group.

See alsoEdit


  1. ^ a b c d e f g h Dulenkova, Anastasia (2015-08-27). ""It is important to have a strong competitor to be on your toes" (in Russian)". Retrieved 2017-06-03.
  2. ^ a b c d e "X5 Retail Group announces results of EGM" (PDF). Retrieved 2017-06-03.
  3. ^ "L1 to Invest up to $3bn in the Retail Stars of Tomorrow; John Walden and Clive Humby Appointed to L1 Retail Investment Advisory Board". Retrieved 2017-06-03.
  4. ^ a b "Stephan DuCharme: Executive Profile & Biography (на английской языке)". Retrieved 2017-05-31.
  5. ^ Telitsyna, Irina (2016-11-16). "Stefan Ducharme: "Faith is an important element of success" (in Russian)". Retrieved 2017-06-03.
  6. ^ a b c d e "Stephan DuCharme". Retrieved 2017-06-03.
  7. ^ "Stefan DuСharm may soon become CEO of X5 Retail Group (in Russian)". Rusbase. 2013-01-14. Retrieved 2017-06-03.
  8. ^ a b ""I did not come here to do cosmetics" - Stefan DuСharme, CEO of X5 Retail Group (in Russian)". «Vedomosti» newspaper. 2014-03-25. Retrieved 2017-06-03.
  9. ^ "DuСharme Stefan. Biography and press portrait (in Russian)". Retrieved 2017-06-03.
  10. ^ "Stefan DuCharm may become an independent member of the supervisory board X5 (in Russian)". Guide to Property. 2008-10-02. Retrieved 2017-05-31.
  11. ^ "Business Leaders Biography. Stephan DuCharme". Retrieved 2017-06-03.
  12. ^ "Stephan DuCharme". Retrieved 2017-06-03.
  13. ^ "Shareholders of OJSC SUEK elect an updated Board of Directors (in Russian)". 2003-12-21. Retrieved 2017-06-03.
  14. ^ "Shareholders of SUEK re-elected the Board of Directors (in Russian)". 2008-09-16. Retrieved 2017-06-03.
  15. ^ "Transformation. Review. March 2015 (in Russian)" (PDF). The Boston Consulting Group. Retrieved 2017-06-03.
  16. ^ "Stephan DuCharme". Archived from the original on 2016-12-30. Retrieved 2017-06-03.
  17. ^ "X5 Retail Group CEO Stephan DuCharme To Step Down - Quick Facts". RTTNews. 2015-09-08. Retrieved 2017-06-03.
  18. ^ "X5 overtakes Magnit as Russia's No.1 retailer by sales". Reuters News Agency. Thomson Reuters. 2017-01-24. Retrieved 2017-06-04.
  19. ^ "Russia's Magnit falls further behind X5 as sales growth falls". Reuters News Agency. Thomson Reuters. 2017-04-21. Retrieved 2017-06-04.
  20. ^ "X5 Chairman named as Trustee of Rus Food Foundation". Retrieved 2017-06-03.
  21. ^ "New Retail Fund from Russia That Plans To Invest $3bn In The Retail Stars Of Tomorrow Will Be Headquartered In London". Haggerston Times. 2016-12-20. Retrieved 2017-06-03.
  22. ^ "Fridman's L1 Retail to buy Holland & Barrett for $2.3 bln". NASDAQ, Inc. 2017-06-26. Retrieved 2017-06-26.
  23. ^ Clara Denina, Maiya Keidan (2017-06-26). "Fridman's L1 Retail to buy Holland & Barrett for $2.3 billion". Reuters. Thomson Reuters. Retrieved 2017-06-26.