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Fernández Enrique (Enrique Fernandez)
Fernández Enrique (Enrique Fernandez)

Biography

Enrique Fernandez has worked for such well-known manufacturing companies as Goodyear Tires and Whirlpool Europe, holding positions related to marketing and interaction with key customers.

From 2003 to 2007, he held various leadership positions at Media-Saturn Holding GmbH and was responsible for organizing purchases for the Media-Markt and Saturn brands.

2009: Commercial Director of M.Video

In 2009, Enrique Fernandez joined M.Video as commercial director.

"For
seven years, Enrique Fernandez has successfully led one of the key business units of the company and is one of the active participants in the development and implementation of the company's current business model based on an omnichannel sales approach. His experience, deep understanding of the ideology and values ​ ​ of M.video will make it possible to implement the planned projects with the maximum effect for business, keeping the company's clients and employees in focus, "said Alexander Tynkovan, President of M.Video
.

2016: Chief Executive Officer (CEO) of M.video Management LLC

On August 9, 2016, PJSC M.video announced the appointment of Enrique Fernandez to the position of Chief Executive Officer (CEO) of M.video Management LLC. The decision on appointment was approved by the Board of Directors of PJSC M.video on August 9, 2016.

The Chief Executive Officer (CEO) of M.video is responsible for the entire operations of the company, managed by the Retail Sales Directorate, the Commercial Directorate, the Marketing Directorate, the Directorate for Supply Management, Distribution and Logistics, Information Technology and Projects, the Financial Directorate, the Human Resources Directorate, the Retail Network Development Directorate and others. CEO of OOO M.video Management reports directly to Alexander Tynkovan, President and CEO of M.video Group.

Michael Tach, who previously held this position, decided to continue working beyond the perimeter of the M.video Group.

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"The tasks and challenges facing the company are close and clear to me. I am sure that my experience and deep immersion in the creation and implementation of the company's current strategy will make it possible to implement the planned plans as productively as possible and anticipate market expectations, "commented Enrique Fernandez, Chief Executive Officer of M.Video.
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2020: Member of the Strategy and Digital Transformation Committee of the Board of Directors of M.Video-Eldorado

In August 2020, Enrique Fernandez joined the Board of Directors Committee on Strategy and Digital Transformation of the M.Video-Eldorado Group as Executive Director. Read more here.

2021: Member of the Board of Directors of PJSC M.video

In May 2021, Enrique Fernandez joined the Board of Directors of PJSC M.video as a non-executive director. Read more here.

2022

CEO of M.Video-Eldorado Group

The Russian company M.video, which works in the field of e-commerce and retail electronics and household appliances, on January 17, 2022 announced to TAdviser the appointment of Enrique Fernandez, CEO of M.Video-Eldorado group, who replaced Alexander Izosimov. The corresponding decision was adopted by the Board of Directors of PJSC M.video and comes into force on January 18, 2022.

Enrique Fernandez appointed CEO of M.Video-Eldorado

Enrique Fernandez has almost 20 years of experience in the consumer electronics market, both in manufacturing companies and in retail. According to representatives of M.video, it will continue the implementation of OneRetail's strategy, announced in February 2021, and will focus on optimizing operational processes and the quality of services, developing human capital and strengthening the Group's position in the market.

At the same time, Enrique Fernandez will also remain a member of the Board of Directors of PJSC M.video.

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"I have ambitious and challenging but truly inspiring goals and objectives set before me. I am sure that the company at all levels has all the necessary resources to succeed and share it with all stakeholders: customers, business partners, employees and shareholders, "Enrique Fernandez commented on his appointment.
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Alexander Izosimov remains a minority shareholder of the company and will facilitate the effective transfer of powers within the required time. The Board of Directors thanked Alexander Izosimov for his work in difficult market conditions and contribution to the development of the Group, digital transformation and strengthening of the Group's position in the capital markets.

According to Alexander Tynkovan, Chairman of the Board of Directors of M.Video-Eldorado Group, over the past year M.Video-Eldorado has made a significant breakthrough in the context of digital transformation and becoming a retail business. Alexander Izosimov with the management team focused the business strategy and identified the key areas of the company's growth. During this period, the company also held an SPO (secondary public offering), which allowed to more than double the share of shares in free float.

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"At the same time, faced with global uncertainty caused by the ongoing pandemic, we have come to the moment when the company needs to concentrate on the operational processes of the consumer electronics business, which goes beyond the initial agreements between Alexander and the Board of Directors, and together we decided to end the partnership in the current format," said Alexander Tynkovan.
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Enrique Fernandez agreed to take the post of CEO of the Group and will continue to expand the interaction of all interested parties with the M.Video-Eldorado technology platform: customers, employees, suppliers.

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"The management team has done a great job over the last 15 months, turning the company into a retail technology business. We have accelerated the development of the OneRetail technology stack, creating a solid foundation for further growth. Moreover, in the process of large-scale digital transformation, M.Video-Eldorado acquired the DNA of a technological company, which, without a doubt, determines the vectors of its further development. My tasks, as defined by the Board of Directors a year ago, are mostly either completed or have moved into a deep implementation phase. In any case, I am sure that Enrique, with the support of the Board of Directors, will be able to bring these changes to the end, "said Alexander Izosimov for his part.
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Resignation from the post of general director of M.Video-Eldorado

At the end of April 2022, the departure of Enrique Fernandez from the post of general director of M.Video-Eldorado was announced.

Executive Director of M.Video-Eldorado

As of August 30, 2022, Enrique Fernandez, as executive director of M.Video-Eldorado, continues to manage the company's operating business, lead the team and develop all projects related to the further optimization of the company's work and the growth of its operating efficiency.[1]

Notes