Benjamin J. Babcock Leaves Dia's Presidency in the Hands of Alberto Gavazzi

The distribution group DIA has officially announced the departure of Benjamin J. Babcock as president of its board of directors, a decision that will mark a turning point in the strategy of the chain. The relay will become effective after the next general meeting of shareholders convened for June 20, in which will propose the appointment of Alberto Gavazzi as new president, as reported by The Economist. A point of change for the distribution gro…

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As reported by the company to the National Securities Market Commission (CNMV), Babcock, who represents LetterOne, the main shareholder of DIA, will continue in the company as Sunday advisor. According to the press release sent to CNMV, Babcock assumed the presidency to complete the transformation of DIA, a commitment that has already been fulfilled. Gavazzi, he adds, joined the Council in early 2024 and knows "deeply" the company and its strate…

Day announces the replacement of its president, Benjamin J. Babcock, by Alberto Gavazzi, advisor of the supermarket chain for more than a year and former president of Diageo in Latin America. The change will be effective from June 20. Read