The LSG Group has moved to devolve more responsibility to its regional and functional entities. As part of this wider strategic realignment, a standalone management team for Retail inMotion’s global operations has been established and tasked with steering the business into a new era.
The new team will be empowered to focus on its global activities, driving strategic reinvigoration of the business. Among other measures that will involve significant investment in IT enhancements. Through further strengthening its standalone capabilities, the move will align Retail inMotion more closely with its key markets, allowing it to better compete with digitally nimble competitors, develop new partnerships and enhance its growth prospects.
John Moriarty has been named the new CEO. John joins the company from Beyond, a travel and hospitality tech development and advisory service of which he is the founder and CEO. He previously served as Chief Retail Officer of gategroup, being responsible for the global retail division, and held various leadership positions with Runway Duty Free and Aer Rianta.
Moriarty brings a wealth of experience in the travel and onboard retail business from across the world. He has a proven track record in developing and scaling up new business models in tech-driven environments, creating unique retail experiences and driving operational excellence.
“I am excited to join Retail inMotion and, together with a great team, to shape the company’s future as the leading onboard retailer,” said Moriarty.
Elizabeth Repolho da Silva (CFO), Laura Roesges (CCO), Marius Banholzer (CRO) and Trish Costelloe (CCSO) will remain part of Retail inMotion’s top management team to refocus the organisation on developing a customer-centric culture that allows it to better deliver on its winning strategy.
Along with all teams around the world, the team at Research inMotion in Dublin will continue to be supported by the GCRI Board of Directors and AURELIUS Portfolio Advisory Managing Directors, René Herzog and Janno Gröne.
“We want to give Retail inMotion the power to control its own destiny,” said Erdmann Rauer, outgoing CEO of LSG Group. “The management team, led by John Moriarty, will enable the business to take decisions faster and operate more efficiently, reinvigorating its sense of purpose and allowing it to unlock new value-creation opportunities. By ensuring that Retail inMotion better serves the needs of its customers, suppliers and partners, I am confident that today marks the start of a bright future for the business.”
Following the enhanced focus and devolution of regional responsibilities, this brings Karin Sonnenmoser’s interim Global CFO responsibilities at the LSG Group to its natural conclusion and she will therefore step down from her current role.
Rauer is also stepping back from his current CEO role and will remain with the business as Senior Strategic Advisor, supporting the business through the transition to a new organisational structure.
“We extend a warm welcome to all new senior arrivals and wish them much success in their new roles. At the same time, we would like to express our gratitude to everyone who is departing Retail in Motion before it embarks on its new endeavour. Each one of them in their own right have served this company very well and will be missed,” said Gert Purkert, Founding Partner of AURELIUS.
