Discount chain Lidl has announced a major change in its leadership in the United States. President and CEO Johannes Fieber is stepping down after three years at the helm to spend more time with his family. Michal Lagunionek has been appointed the new president and CEO for Lidl U.S.
Lagunionek is the fourth CEO for the company since it established operations in the United States in 2013 and the third since Lidl opened its first American store in 2017. Lagunionek is a veteran of Lidl’s Poland division and reportedly has more than 20 years of experience with Lidl.