Aldi Australia Adopts Parent Company's Global Management Structure; Appoints Co-Managing Director

Aldi Australia appointed Stefan Kopp as its joint managing director, adopting the retailer’s dual-management structure in place at its international operations. A 23-year veteran of the company, Kopp will manage the Australian business in partnership with group managing director Tom Daunt. Kopp’s appointment means Aldi has grown enough to support Aldi’s dual-management strategy. Data from market research firm Roy Morgan Research showed Aldi operates 340 stores across the country, with sales of $5 billion to $6 billion a year.