Dimas Gimeno

Dimas Gimeno (Madrid, December 14, 1975) is a Spanish businessman who specializes in the retail sector. He ran the Spain-based department store El Corte Inglés[1] from 2014 to 2018. He holds a law degree and a Masters in Private Law from CEU San Pablo University. He also earned an EMBA from AESE Escola de Direcção e Negócios / IESE University of Navarra in Porto, Portugal.

Dimas Gimeno
Dimas Gimeno, Chairman of the Board of Directors of "El Corte Inglés", March 6, 2018
Born
Dimas Gimeno Álvarez

1975 (age 47–48)
Madrid, Spain
EducationJD, LLM, and MBA
Alma materUniversidad San Pablo CEU de Madrid
Escuela de Negocios IESE
OccupationBusiness executive
SpousesMónica Esteban Morán
Children3
Websitedimasgimeno.com

Biography

Early life

Dimas Gimeno was born in Madrid on December 14, 1975. At that time, his uncle was the Managing Director of El Corte Inglés, Isidoro Álvarez[2]. He is the son of Antonia Álvarez and Miguel Ángel Gimeno García, both from Spain's Asturias province. He has two older brothers: Miguel Ángel and Diana. Gimeno inherited his name from his grandfather Dimas Álvarez Rodríguez, who was the cousin of the second president of El Corte Inglés, Ramón Areces.

He is married to Mónica Esteban Morán,[3] president of the NGO Juegaterapia, and advertising creative director at the TAPSA agency. With her, Gimeno has three children.

Education

Gimeno graduated in 1997 with a degree in law from the CEU San Pablo University of Madrid, and the following year obtained a Masters in Private Law from the same university. In 1999, after spending six months as an intern in the litigation department of law firm Baker McKenzie, he traveled to Australia to study film direction at the University of Technology in Sydney. During his year in Australia, he took two courses and shot two short films.[4]

Career path

Since the age of 20, Gimeno's professional career has been linked to department store chain El Corte Inglés, a company that is considered an Entity of Public Interest in Spain and is the largest employer in the country (in 2016 it had 92,690 employees).[5] He started working in these department stores when he was a college student, as a salesman in the shirts department of the Castellana Center in Madrid. In 2000, after completing his university education and studies in Australia, he moved to the company's central services, developing his career in various departments. In 2001, Gimeno collaborated from Lisbon in the start-up of the company's subsidiary in Portugal, as an assistant to the manager.[6] During his tenure as CEO of El Corte Inglés, the group achieved important milestones such as the international expansion to Portugal, the launch of e-commerce and the creation of fashion brands and hospitality areas such as Gourmet Experience. During this period, sales increased, and EBITDA went from 721.41 million euros in 2013 to 980.93 in 2016.[7] In 2006 he was appointed director of the Porto location, whose opening he had headed. In 2008, back in Madrid, he returned to the company's central services, where he joined the sales department. In 2009 he became a member of the Board of Trustees of the Ramón Areces Foundation and one year later he joined the Board of Directors of El Corte Inglés.

He was appointed advisor to the CEO[8] of El Corte Inglés in 2013 and became CEO on September 16, 2014, two days after the death of his uncle Isidoro.[9][10] Following his appointment, he helped the company recover from a position of financial debt[11] and increase sales.[12] Dimas Gimeno held that position until June 14, 2018.[13]

References
  1. "Dimas Gimeno Alvarez : Directeur-Général d'El Corte Inglès". www.lsa-conso.fr.
  2. Cuartas, Javier (21 September 2014). "La herencia del Corte Inglés, en manos del tercer sobrino" – via elpais.com.
  3. Iglesias, M.J. (September 21, 2014). "La filantrópica "primera dama" de El Corte Inglés". La Nueva España (in Spanish). Retrieved April 6, 2019.
  4. Ortiz de Latierro, Zuriñe (September 21, 2014). "El príncipe que soñaba con hacer cine". Hoy (in Spanish). Retrieved April 6, 2019.
  5. Ortín, Alberto (April 14, 2018). "El Corte Inglés emplea a más gente que Google, Twitter y Spotify juntos en el mundo". Voz Populi (in Spanish). Retrieved April 6, 2019.
  6. "El Corte Inglés se refuerza en Portugal con una nueva tienda en Oporto". Cinco Días (in Spanish). May 19, 2006. Retrieved April 6, 2019.
  7. Asenador, Sara H. (August 28, 2017). "El Corte Inglés eleva su facturación hasta los 15.505 millones de euros y gana un 2,4% más". Expansión (in Spanish). Retrieved April 6, 2019.
  8. EFE (August 25, 2018). "Dimas Gimeno, sobrino de Isidoro Álvarez, nombrado director general". El Mundo (in Spanish). Retrieved April 6, 2019.
  9. Noceda, Miguel Ánge (September 16, 2014). "Dimas Gimeno, nombrado nuevo presidente de El Corte Inglés". El País (in Spanish). Retrieved April 6, 2019.
  10. "El consejo de El Corte Inglés designa a Dimas Gimeno nuevo presidente". Cinco Días (in Spanish). September 17, 2014. Retrieved April 6, 2019.
  11. Campano, Eurico (20 February 2017). "Dimas Gimeno: de vendedor de camisas a indiscutido presidente".
  12. Placer, David. "Los ajustes de Dimas Gimeno disparan las ganancias de El Corte Inglés". Economiadigital (ed. general).
  13. Stothard, Michael (2018-06-14). "El Corte Inglés dismisses company president". Financial Times. Retrieved 2023-09-18.
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