3i Group PLC 3i portfolio company Action announces new CEO (9875Q)
November 02 2021 - 3:29AM
UK Regulatory
TIDMIII
RNS Number : 9875Q
3i Group PLC
02 November 2021
Press release
2 November 2021
3i Group plc
3i portfolio company Action announces appointment of Hajir Hajji
to succeed Sander van der Laan as CEO
The Board of Directors of Action announced today that Sander van
der Laan will be stepping down as CEO of Action to be succeeded by
Hajir Hajji, currently Commercial Director and member of the
executive management team. The handover marks the next phase of
development for Action, in which continued commitment to its
customers and significant growth will be coupled with the further
implementation of Action's digital and sustainability strategy.
Sander van der Laan (53) joined Action as CEO in 2015. Under his
leadership, Action has grown from EUR2 billion revenue with 655
stores in six markets to over EUR5 billion revenue and 1,869 stores
in nine markets now. Sander very successfully led the delivery of
the Action strategy also during the challenging Covid-19 period,
during which Action and its employees demonstrated extraordinary
resilience.
Simon Borrows, Chief Executive of 3i and Chairman of the Board
of Action: "On behalf of 3i and Action's Board I want to recognise
and thank Sander for successfully leading the company. Action has
continued its strong growth despite the uncertainties presented by
the pandemic. He leaves the business performing strongly and on
track to deliver its business plan. He has been a driven and
committed colleague and I want to thank Sander for his leadership
and wish him the very best."
Sander van der Laan added: "It has been a great pleasure to lead
such a great company and team. The passion and drive of our
employees has been a source of inspiration for me. When I joined
Action, my task was very clear: further strengthen the foundations
of the company as the fastest growing non-food discounter in Europe
and prepare the leadership of the company for the future. We will
soon be opening our 2,000th store and I believe this is the right
time for Hajir to take over from me. Hajir is Action. Her
achievements across the business are unprecedented. And she is the
right professional to lead the team and our operations into the
next phase of growth and development. I want to thank Simon and all
other members of the Board, my colleagues in the executive
management team and all our employees who make Action such an
amazing company, for their enormous support during my six years at
the helm of Action."
Hajir Hajji: through the ranks of Action
Hajir Hajji (41) joined Action 24 years ago as a store employee,
then aged 17. Over the years she has successfully worked her way
through the ranks of the organisation in a variety of management
roles. Hajir was Director Store Operations for seven years,
responsible for Action's sales and international retail operations,
including the opening of new stores and expansion to new markets.
For the past three years Hajir worked as Commercial Director,
responsible, amongst other things, for global buying, marketing,
e-commerce and sustainability. Hajir has been a member of the
executive management team since 2011.
The Action Board is delighted that Hajir will succeed Sander.
Simon Borrows: "Hajir is a significant part of the Action DNA and
the natural successor to Sander. Action is ready for the next phase
of its growth agenda with an increased focus on digital and
sustainable growth, two areas for which Hajir is currently
responsible. Hajir has great retail expertise and is a strong
leader. A long-standing Action executive and an advocate of the
Action culture and values, she will bring both continuity and a new
push for Action's next phase of growth. I look forward to working
with her and wish her success in her new role."
Hajir Hajji: "Action is a great business with a very strong
formula and a unique culture. As we move into a next phase of
growth and development, I intend to continue building on our past
achievements and explore with our 65,000 dedicated employees and
our partners the opportunities ahead. I want to thank Sander for
his contribution to the business during his time as CEO, our
cooperation and for helping me to get accustomed to my new role.
And I want to thank the Board for their confidence in me and the
entire Action team."
Hajir will formally become CEO of Action on 1 January 2022,
while Sander will remain with the company until the end of March
2022 in order to ensure a smooth transition. The appointment of
Hajir is subject to advice from Action's works council.
- Ends-
For further information, contact:
3i Group plc
Silvia Santoro Tel: +44 20 7975 3258
Investor enquiries Email: silvia.santoro@3i.com
Kathryn van der Kroft Tel: +44 20 7975 3021
Media enquiries Email: kathryn.vanderkroft@3i.com
About 3i Group
3i is a leading international investment manager focused on
mid-market Private Equity and Infrastructure. Our core investment
markets are northern Europe and North America.
For further information, please visit: www.3i.com
About Action
Action is the fastest growing non-food discounter in Europe,
offering an ever changing variety of c.6,000 products in almost
1,900 stores to more than 11 million customers every week. In
addition, each week another eight million consumers visit the
Action.com website. Action employs over 65,000 people in nine
countries with over 130 different nationalities. While offering our
constantly surprising assortment at the lowest prices, we continue
to improve our products in terms of quality and sustainability. The
business has responded well to the challenges posed by the pandemic
and is on track to deliver on its growth plans for 2021 and beyond
in all its markets. The promise of Action: Small prices. Big
Smiles.
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