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Penny Appoints Mathias Mentrop as Chief Executive Officer

PRIVATEOct 13, 2026

Position

Chief Financial Officer

Company

Penny

Radek Hovorka
CzechiaE CommerceGroceryRetail

Description

Discount supermarket chain Penny has appointed Mathias Mentrop as chief executive officer (CEO) of its Czech operations. Mentrop succeeds Draška Lazoviće, who is transitioning to a senior role within Penny’s parent company.

Quick answer

Penny Appoints Mathias Mentrop as Chief Executive Officer (October 13, 2026). Penny is based in Czechia.

What did Penny announce on October 13, 2026?
Discount supermarket chain Penny has appointed Mathias Mentrop as chief executive officer (CEO) of its Czech operations. Mentrop succeeds Draška Lazoviće, who is transitioning to a senior role within Penny’s parent company.
What does Penny do?
Penny is a discount supermarket chain that focuses on providing quality products at affordable prices.
Where is Penny based?
Penny is based in Czechia.
Which similar companies made leadership changes around the same time?
Costco Wholesale Corporation (October 18, 2026), Albertsons Companies (September 30, 2026), Sheetz (November 10, 2026) and The Kroger (September 2, 2026) also announced leadership changes within 45 days of Penny.

Source: Fundz verified event record.

Other recent leadership changes in E Commerce and Grocery

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Penny, and when

A new leader at Penny brings new priorities and often new vendors. The first weeks are when they listen.

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Company Information

Company

Penny

Location

Czechia

About

Penny is a discount supermarket chain that focuses on providing quality products at affordable prices. The company has been actively expanding its operations in various countries, including the Czech Republic and Hungary. It aims to modernize its sales network and drive store expansion through innovation and local partnerships.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.