Luc VandeVelde

Luc Vandevelde, Founder and Chairman of Change Capital Partners

Luc Emile Rene Vandevelde: is a Belgian businessman who has held leadership positions at several major companies, including Kraft Foods, Promodès, Carrefour, and Marks & Spencer.12

Early Life and Career

• Born in 1951 in Halen, Belgium
• Left school at 18, attended Erasmus Business School in Leuven
• Joined Kraft Foods in 1971, had experience working in 30 countries over 24 years
• Became CEO of Kraft Jacobs Suchard's French and Italian operations
• Joined Promodès in 1995, became CEO, drove merger with Carrefour in 1999

Leadership Roles

• Chairman of Marks & Spencer from 2000-2004, responsible for restructuring and growth initiatives
• Senior independent director of Vodafone, chairman of Remuneration Committee
• Board member of Société Générale until 2012

Change Capital Partners

• Founded Change Capital Partners in 2004, a private equity firm focused on consumer businesses
• Successful exits include Jil Sander, Hillarys Blinds, Hallhuber and Macduff Shellfish
• Currently chairman of Majid Al Futtaim Group Ventures Board in Dubai

Personal Life

• Married with one son, lives in Monaco
• Speaks Flemish, French, English, German, and Spanish

In summary, Luc Vandevelde is an experienced Belgian business leader who founded the private equity firm Change Capital Partners after holding CEO and chairman roles at major retailers like Marks & Spencer and Carrefour.1234567