Lidl Cyprus has announced a significant leadership change set to take effect in early 2026, marking a pivotal moment for the company.
- Lidl Cyprus has announced a significant leadership change set to take effect in early 2026, marking a pivotal moment for the company.
- Starting March 1, 2026, he will transition to become the Chief Executive Officer of Lidl Italy and Lidl Malta, continuing his career within the Lidl Group.
- This change in leadership is expected to bring new strategies and perspectives to Lidl Cyprus as it continues to grow in the competitive retail market.
According to the company’s official statement, Martin Brandenburger, the Chief Executive Officer and Chairman of Lidl Hellas and Lidl Cyprus, will step down from his role at the end of February 2026. Brandenburger has led the company for four successful years, steering it through various challenges and expansions.
Starting March 1, 2026, he will transition to become the Chief Executive Officer of Lidl Italy and Lidl Malta, continuing his career within the Lidl Group.
In the interim, Miltos Forozidis, who currently serves as the Chief Operations Officer of Lidl Hellas and Lidl Cyprus, will take over as Chief Executive Officer. Forozidis brings a wealth of experience to the role, having been with Lidl for 15 years. His career has included various managerial positions in Greece, along with international leadership roles in Lidl Denmark and Lidl Germany.
This change in leadership is expected to bring new strategies and perspectives to Lidl Cyprus as it continues to grow in the competitive retail market.
