New figure at the helm of Cencosud

Cencosud has a new management structure and a new CEO as well as a new head of its DIY stores in Chile. Matias Videla took the helm at the Chilean retail group on 1 December 2019. As of 21 November, the company has been working with country managers in Argentina, Brazil, Colombia and Peru. In Chile, the business units of supermarkets, department stores and home improvement are run separately. The DIY division, meaning the Easy stores in Chile, has been headed by Felipe Longo since May 2019.