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Miltos Forozidis Named Interim CEO At Lidl Cyprus In 2026

Lidl Cyprus has announced significant management changes slated for early 2026, setting the stage for a transformative phase in its executive leadership.

Transition In The Executive Suite

According to the official company statement, Martin Brandenburger, the current Chief Executive Officer and Chairman of Lidl Hellas and Lidl Cyprus, will step down from his role at the end of February 2026 after four successful years at the helm. Brandenburger is set to embrace a new challenge as he assumes the position of Chief Executive Officer of Lidl Italy and Lidl Malta starting March 1, 2026, thus continuing his influential journey within the Lidl Group.

Miltos Forozidis Steps Up

Taking over as interim CEO is Miltos Forozidis, who currently serves as Chief Operations Officer of Lidl Hellas and Lidl Cyprus. Forozidis brings 15 years of dedicated service and a wealth of international experience from diverse leadership roles across Lidl Denmark and Lidl Germany, making him a well-prepared candidate to navigate the company through this strategic transition.

A Strong Future Built On Experience

The appointment of Forozidis not only marks a key milestone for Lidl Cyprus but also reflects the company’s commitment to leveraging seasoned leadership expertise in steering its expansion and operational excellence. His extensive managerial background underscores a robust trajectory for sustainable growth and market adaptation in the competitive retail landscape.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

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Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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