Cologne, 16 September 2026. At its meeting today, the Supervisory Board of REWE-ZENTRALFINANZ eG decided to extend Telerik Schischmanow’s contract as Chief Financial Officer (CFO) of the REWE Group ahead of schedule. The new contract begins on 1 July 2027 and runs for a further five years until 30 June 2032. Telerik Schischmanow has been a member of the REWE Group’s Management board since July 2022.
Stefan Lenk, Chairman of the Supervisory Board of the REWE Group | Photo: ©REWE Group (Michael Pröck)
Stefan Lenk, Chairman of the Supervisory Board of the REWE Group: “We are delighted to be continuing our successful collaboration with Telerik Schischmanow on a long-term basis. With his considerable professional expertise, his in-depth knowledge of the REWE Group and his strong strategic vision, he has made a significant contribution over recent years to ensuring the company is financially stable and well-positioned for the future. Telerik Schischmanow enjoys the full confidence of the Supervisory Board. The early extension of his contract is therefore a clear sign of continuity and reliability within the REWE Group’s Management board.”
Lionel Souque, CEO of the REWE Group | Photo: ©REWE Group (Michael Pröck)
Lionel Souque, CEO of the REWE Group: “I am delighted that Telerik Schischmanow will be continuing his work on the REWE Group’s Executive Board for the long term. As CFO, Telerik not only has an excellent grasp of our Group’s financial figures and regulatory framework, but also demonstrates a strong entrepreneurial spirit. It is precisely this combination that I particularly value in our collaboration. It is of great importance, especially for a company of our size and diversity. I am therefore very much looking forward to continuing on our successful course together with him.”
Telerik Schischmanow, CFO of the REWE Group | Photo: ©REWE Group (Michael Pröck)
Telerik Schischmanow, CFO of the REWE Group: “I would like to thank the Supervisory Board for the great trust they have placed in me and I am delighted to have the opportunity to continue my work for the REWE Group in the long term. Since joining the Management board in July 2022, we have steered the REWE Group through a period of strong growth and, in 2025, achieved external turnover in excess of 100 billion euros for the first time. . My view remains unchanged: financial strength creates the scope to invest in the future and consistently capitalise on business opportunities. I look forward to continuing on this path together with my colleagues on the Executive Board and all our employees.”
