Generational turnover for Aldo Group: David Bensadoun, eldest son of the founder, will be the new CEO

Generational change for the Canadian retail chain of footwear and medium/low-end accessories Aldo Group, which boasts 44 years of activity about 2 billion in revenue, 20,000 employees and 2,500 stores around the world. The founder and executive chairman Aldo Bensadoun, 77 years, a man with an estimated wealth of $ 1.2 billion according to Forbes, has announced that his eldest son David, until now president of global retail and the products and services division, will be the new CEO from next April 3rd. David Bensaudon will replace Patrik Frisk, 53, former VF Corp. executive who has led the company based in Montreal since 2014. Bensadoun, who will report to the new president Aldo Jurgen Schreiber, joined the group in 1995. “It’s a dream come true. David’s passion for business combined with his leadership skills and his visions gives me confidence for the future of our company” said Aldo, as well as thanking the now former CEO Frisk, Norman announced the Jaskolka Aldo Group International.

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