Joe Rampoldt will assume the position of CEO of Lidl U.S. in September, replacing current CEO Michael Lagunionek.

Rampoldt is a partner at management consulting company AlixPartners.  He was previously associated with KPMG.

Michel Lagunionek has been CEO of Lidl U. S. since mid-2021 following a number of executive positions with the holding company in many world locations where Lidl operates. He was in all probability a combination fixer and placeholder until a suitable CEO could be recruited.

Growth of Lidl in the U. S. has been less than spectacular, especially when compared to Aldi.  Recently, Lidl U.S. closed a few stores in East Coast states although it has opened an equivalent number in other locations in Virginia and New York State.