Carrefour’s Guy Yraeta, who is in charge of the group’s key European operations, excluding France, is to leave the business.

Yraeta spent 33 years at Carrefour and is responsible for the hypermarket reinvention project, which is in the process of developing a new concept for Carrefour’s struggling hypermarket format.
Until a successor is found for Yraeta, managers in charge of operations in Belgium, Italy, Spain and Poland will report directly to group chief executive Lars Olofsson.

Philippe Broianigo will head the hypermarket revamp project.