DFI Retail Group announces Scott Price to join its Board of Directors as CEO

– CHINA, Hong Kong –  DFI Retail Group Holdings Limited (LON: DFIB) today announced the appointment of Scott Price as Group Chief Executive effective from 1st August 2023, to succeed Ian McLeod who will be stepping down.

“I am delighted to welcome Scott to the Group. Scott has successfully led several large, multi-business organisations. He has the combination of strategic, execution, and Asia expertise to oversee our portfolio of leading retail businesses across the region, building on our solid foundations to create long-term value. I wish him every success as our new Group Chief Executive.” said Board Chairman, Ben Keswick.

About Scott Price

Scott Price is an experienced senior business executive with 25 years of international experience, of which 19 years was spent in Asia, spanning the retail, logistics and consumer packaged goods sectors.

Most recently, Scott Price was the President, International at UPS, and before that the company’s Chief Strategy & Transformation Officer. Prior to UPS, he was with Walmart, first as their CEO, Asia, and then as the EVP, Global Leverage, where he led global functions to drive synergies across Walmart’s four largest businesses – U.S., International, Sam’s Club and E-commerce. Scott was also President & CEO, at DHL Express in Europe and earlier, the CEO, Asia Pacific. He started his career with the Coca Cola Company and held country business positions in various locations across Asia.

His career has centred on leading comprehensive programs to transform business growth, talent, and culture, resulting in significant enhancements to shareholder returns.

About DFI Retail Group

DFI Retail Group is a leading pan-Asian retailer. At 31st December 2022, the Group and its associates and joint ventures operated over 10,600 outlets and employed some 216,000 people. The Group had total annual revenue in 2022 exceeding US$27 billion.

The Group provides quality and value to Asian consumers by offering leading brands, a compelling retail experience and great service; all delivered through a strong store network supported by efficient supply chains.

The Group (including associates and joint ventures) operates under a number of well-known brands across food, health and beauty, home furnishings, restaurants and other retailing.

The Group’s parent company, DFI Retail Group Holdings Limited, is incorporated in Bermuda and has a primary listing in the standard segment of the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Group’s businesses are managed from Hong Kong by DFI Retail Group Management Services Limited through its regional offices. DFI Retail Group is a member of the Jardine Matheson Group.

For more information : https://www.dfiretailgroup.com/

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