CEO Andreas Siegmann leaves Jumbo

Andreas Siegmann, CEO of the Swiss DIY store chain Jumbo, is leaving the Swiss DIY market leader. He has been in charge of the DIY division of Jumbo's parent company Coop since 2019, which took over Jumbo in 2021 and subsequently converted all of its DIY stores to this brand. Siegmann has also represented Coop in the Arena purchasing cooperative since 2022, which Coop has been a member of since 2007. Siegmann's previous roles include COO of the Swiss discounter Denner and Managing Director of Aldi Süd in the UK.