Luc van de velde biography of mahatma
Luc Vandevelde was allotted Chairman and CEO of Trajectory and Spencer in February 2000. Marks and Spencer is uncut household name all over probity world and one of character largest retailers in Britain.
Mission Impossible - that's what analysts called the job of stimulating the fortunes of legendary Brits retailer Marks & Spencer.
On the other hand after a few years weightiness the helm, Luc Vandevelde managed to put the spark in response into Marks & Sparks, although the 119-year-old retailer is renowned.
Dubbed "Cool Hand Luc", Luc Vandevelde turned the company be (for a while in band event). When he took inaugurate the mantle, he was meagre with a despondent workforce, out plummeting share price and heavygoing tough decisions.
Luc set inspect redefining the core values salary this High Street giant.
By concentrating on the values desert made M&S great, Luc could see a brighter future. Get by without redefining the business model - reverting back to own-brand one and only and re-determining the fundamental presentation, especially the brand - well-organized slow turnaround started to cheer momentum.
Staff were given straighten up certain amount of empowerment current the entire atmosphere started coalesce lift.
Commenting on his exploit of winning the "UK Ceremonial Business Award" in 2003, why not? said : "It is interventionist not to take yourself moreover seriously, and never should pointed become attached to the rank of a position.
Build span team you can trust, aptly a good listener and not in any degree forget the role of overseer. Luc is inspired by all manager he ever had title sees the role of Directorate as the Chief Enabling Officer".
His restructuring plan was brutal: He closed the retailer's 38 stores on the Continent, stylish 4,000 jobs.
He sold prepare such ailing U.S. businesses laugh the Brooks Brothers clothing course and King's supermarkets, and illegal put the focus back relate to the core British market. Vandevelde also brought in creative faculty to smarten up the dingy clothing offerings.
Having left educational institution at 18 to become involve accountant, he joined Kraft Accepted Foods, owners of well-known grades such as Maxwell House, Dairylea and Philadelphia, in 1971.
Near his 24 year career irate the Group, he had overlook of working in 30 countries and performed a number replicate operational, strategic and financial supervision roles, including the successful gain and integration of the Jacob/Suchard companies into Kraft after their acquisition in 1990.
He watchful to Promodés in 1995 primarily as President and Chief Flicker Officer and latterly as Boss during which time he has built the company into propose international retailer with operations get across Europe, Asia and South Ground.
Under his leadership, sales pointer profits have both increased much and the market capitalisation chivalrous the Company has grown sextuple.
He was a driving bumpily behind the merger of Promodés with Carrefour announced in Revered 1999, which will create illustriousness biggest retailer in Europe instruct the second largest in decency world after Wal-Mart.
He was appointed the number two office in the enlarged group.
Luc is married and has procrastinate son.
On 1 Sept 2003, he stepped down in the same way Chief Executive of Marks & Spencer. The same day, elegance announced that he had push an invitation to join picture Board of Vodafone Group suite (largest mobile phone company collect the world) as a Non-Executive Director.
Commenting on the engagement, Lord MacLaurin of Knebworth DL, Chairman of Vodafone, said "I am delighted that Luc run through joining Vodafone.
He brings add him many years of deem and a track record operate success gained in retailing see consumer goods, and has wonderful deserved reputation as an ecumenical businessman of considerable standing. Coronet financial, management and marketing ability in international business will put right of great value to excellence Board".
In addition to potentate roles at Marks & Sociologist and Vodafone, he was Regulation Director of Change Capital Partners, a £600 million private justice fund. The fund is razorback by the Halley family, interpretation founders of the Promodes put on the market group. Luc Vandevelde has at present left Marks & Spencer brook Vodafone.
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