Cnova N.V. announced the designation of Mr. Emmanuel Grenier, previously one of the two co-CEOs of the company, as Chief Executive Officer and replacement executive director of the company. This follows the resignation of Mr. German Quiroga, formerly co-CEO of the company and CEO of the company's Brazilian subsidiary Cnova Comercio Eletronico S.A. With this appointment, Mr. Grenier becomes the sole Chief Executive Officer and executive director of the company. Emmanuel Grenier was appointed as Co-CEO in June 2014 and subsequently appointed CEO and replacement executive director on January 21, 2016.

Since joining Casino Group in 1996, Mr. Grenier has served in a variety of roles in supply chain and IT, most recently as Managing Director and Chief Executive Officer of Cdiscount since 2008.