Sergio Bucher news and archive

Debenhams CEO Sergio Bucher steps down

Debenhams has confirmed that its CEO Sergio Bucher is stepping down from his position after the company was taken over by its lenders earlier in April. Non-executive chairman Terry Duddy will take over as interim executive chairman until a permanent replacement for a chief executive is found. Former Amazon executive Bucher joined Debehmans in...

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Debenhams CEO Sergio Bucher expected to step down

Debenhams CEO Sergio Bucher is reportedly expected to step down within the next few days, a week after the department store chain fell into administration and was taken over by its lenders. A source close to Bucher told the BBC: "Having stayed on and got the refinancing in place, Sergio thinks now would be the right moment to move on. The...

Business

Debenhams Sergio Bucher receives 1.3 million pound pay package for 2017

London - Debenhams reportedly paid its chief executive officer Sergio Bucher 1,3 million pounds during his first year on the job, as it faces slipping profits and increasing concerns over the difficult Christmas trading period. Bucher, who joined the team at the department store last October from Amazon Fashion Europe, was awarded nearly 900,000...

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Debenhams appoints Amazon’s Sergio Bucher as CEO

London - British department store group Debenhams has appointed Sergio Bucher, VP Fashion Europe at Amazon’s fashion division as its new Chief Executive Officer. He will join the team at Debenhams this October and succeed Michael Sharp, Chief Executive, who will step down from his role at the board on June 24, according to the leaving...