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Stephan DuCharme

Managing Partner - L1 Retail

L1 Board

Stephan DuCharme, has been Non-Executive Chairman of X5 Retail Group since November 2015.

Stephan DuCharme is the Managing Partner L1 Retail and more recently has undertaken the role of Executive Chairman of the Board of DIA since May 2020.

Prior to this, he served as CEO of X5 between 2012 and 2015, leading the strategic turnaround of the company to become the fastest growing public food retailer, before becoming the Chairman of the Supervisory Board until March 2021. He is still acting as a Non-Executive member of the Supervisory Board.

He has over 25 years of financial sector and retail expertise. Previously he held senior positions in family offices (SUN Group, Alfa Group) and financial institutions (European Bank for Reconstruction and Development (EBRD) and Salomon Brothers Inc.). Stephan graduated with distinction from the University of California at Berkeley and received his MBA from INSEAD.