Gottfried Drescher is the new Managing Director of CB Cash & Carry Management GmbH. In this role, the 56-year-old is responsible for the management and development of all retail properties of the Berlin-based full-service investment company.
Drescher comes from Metro Cash & Carry Germany, where he was most recently responsible for a sales volume of 1.3 billion euros and managed 2,800 employees. From 2010 to 2015, Drescher was head of C+C Schaper GmbH, a wholly-owned subsidiary of Metro Cash & Carry. Among other things, he was responsible for the integration of the 51 C+C Schaper stores into the Metro Cash & Carry Germany portfolio.
“In Gottfried Drescher, we have gained a proven expert in the German retail market,” says George Salden, CEO of Capital Bay. ”Whether wholesale markets, cash & carry or supermarkets - Mr. Drescher knows the industry inside out. With his extensive know-how, we will shape our retail portfolio for the future.”
