Supervisory Board
The Supervisory Board of X5 Retail Group N.V. currently consists of seven members:
Hervé Defforey (Chairman), a French citizen, is a partner of GRP Partners, London and Los Angeles. He heads GRP Partners’ European venture capital activities and serves on the boards of the following companies: IFCO Systems N.V. and Ulta, Corp. Mr. Defforey formerly held positions at Carrefour, S.A. (Paris), Azucarera EBRO S.A. (Madrid), BMW A.G. (Munich) and graduated from the University of St. Gallen, Switzerland with a degree in Business Administration.
Mikhail Fridman, a Russian citizen, serves as Chairman of the Supervisory Board of Alfa Group and is one of Alfa Group’s principal founders. He also serves as the Chairman of the Board of Directors of Alfa Finance Holdings SA and of TNK-BP and is a member of the Board of Directors of ABH Holdings Corp. (holding company for Alfa Banking Group) and of VimpelCom. He is also a member of the International Advisory Board of the Council of Foreign Relations (USA). Mr. Fridman graduated from the Moscow Institute of Steel and Alloys.
David Gould, a U.S. citizen, since 2000, serves as Deputy Director for Corporate Development, Finance and Control at Alfa Group Consortium. He also serves as a member of the Board of Directors of Alfa Finance Holdings S.A. and of ABH Holdings Corp. (holding company for Alfa-Banking Group). From 1992 to 2000, Mr. Gould held various positions at PricewaterhouseCoopers in Boston, United States and in Moscow, Russia. He received his BA with honors from Colgate University in 1991 (concentration in Liberal Arts and minor concentration in Economics) and received his MBA-MS (Accounting) from Northeastern University in 1992. He qualified as a Certified Public Accountant in 1993 and as a Chartered Financial Analyst in 1999.
Vladimir Ashurkov, a Russian citizen, serves as Director of Group Portfolio Management and Control at Alfa Group. His main non-executive/ancillary positions include member of the A1 Group Advisory Committee and member of the Russian Technologies Advisory Committee. Prior to joining Alfa Group, Mr. Ashurkov served as Vice President of Strategic Development in Industrial Investors Group (which owns the controlling stake in Far East Shipping Company) and gained experience in other transport and logistics companies and investment banks. Mr. Ashurkov graduated from Moscow Institute of Physics and Technology with a Bachelor of Science (Physics) and from the Wharton School, University of Pennsylvania, with a Master of Business Administration.
Christian Couvreux was born on 24 November 1950 in Paris, France. He has had a long and successful international career in the food retail industry. Since 2005, Mr. Couvreux has been a retail consultant in Asia, in particular in Thailand, Vietnam, Indonesia and the Philippines. From 1990 to 2005 he held a number of senior executive positions with the major French retailer Groupe Casino, where he first served as Senior Executive Vice President, then as CEO from 1997 to 2003 and as Deputy Chairman of the Board until 2005. Prior to 1990, Mr. Couvreux held various leadership positions at CFAO (now part of PPR), in particular of CFAO-Congo and La Ruche Meridionale. Mr. Couvreux holds a master degree in Economic Sciences at the University of Paris, an MBA at the French business school H.E.C.; in addition he completed an Advanced Management Program at INSEAD.
Alexander Tynkovan, a Russian citizen, is the founder and CEO of “M.Video”, a leading consumer electronics and home appliance retailer in the Russian Federation. Mr. Tynkovan graduated summa cum laude from the Moscow Energy Institute, majoring in Aircraft Electric Equipment.
Stephan DuCharme, a U.S. citizen, currently holds a portfolio of positions, including as member of the Investment Committee of Alfa Private Equity Partners, a Russian private equity fund. Previously, he held positions with SUN Group, Alfa Group, European Bank for Reconstruction and Development (EBRD) and Salomon Brothers Inc. Mr. DuCharme has served on the Boards of Directors of CSA Czech Airlines, Alfa Bank, SUN-Interbrew Ltd. and JSC SUEK. He graduated with distinction from the University of California at Berkeley and received his MBA from INSEAD.
Supervisory Board Rules
Supervisory Board Profile
Composition of the Supervisory Board and its Committees