Jan Gezinyus Dunning

Jan Gezinyus Dunning (born 5 December 1959) is a Dutch entrepreneur. President and CEO at Magnit PJSC. 
== Biography ==
Jan Dunning was born in Groningen. He graduated from The University of Groningen in 1983 with a bachelor’s degree in Modern History. In 1989, he took his MBA at The University of Amsterdam. Later he attended Executive Development Programmes at London Business School (2007) and INSEAD (2008).
In 1989, he started his career in retail trade. Dunning got his first job in the German company Aldi Retail in the Netherlands where he became a Regional Manager. From 1994 until 2000, he worked as Sales and Development Director for Aldi Retail. His next job was the position of General Director at Lucas Klamer trading company, a subsidiary of Metro Group. 
In 2003, Dunning became Sales Director in the Russian division of Metro Cash & Carry, where he also later worked as Chief Operating Officer. At that time, the company positioned itself on the market as a small scale wholesale center for holders of special cards. In 2004, the chain ranked second in Russia in terms of turnover. During the 6 years of his work in Metro, the business expanded from 4 to 48 stores. For a certain time, Dunning was the head of Ukrainian division of Metro Cash & Carry. 
In 2009, he became CEO of Lenta retail chain. His coming to work in Lenta was connected with the end of a nearly two year corporate conflict between the two company’s shareholders — August Meyer and Oleg Zherebtsov, who were both insisting on the right to appoint their own CEOs.
In 2013, he entered the Board of Directors of Lenta. In February 2014, Dunning’s term in the office as Lenta CEO was extended for another five years. In 2014, under Dunning’s leadership, Lenta carried out the IPO and in spite of the Ukrainian crisis managed to attract as much as USD 950 million, reaching 4.3 billion USD in capitalization. During its SPO in March of 2015, Lenta attracted another USD 225.28 million. In November 2017, the company managed by Dunning became a member of European alliance of retailers called European Marketing Distribution. In the end of 2018, it became known that Dunning was leaving Lenta. Over the ten years of Jan Dunning’s work in Lenta, the company has become one of the fastest growing retailers in Russia. 
In January 2019, Dunning became President of Magnit and also Member of its Board of Directors. When the news on his appointment spread, Magnit shares on Moscow Exchange went up by 4%. Early in July of 2019, Dunning was re-elected as company’s President for another three years and appointed Chair of the Board of Directors’ Strategy Committee. He also increased his equity stake in Magnit authorized capital to 0.103775%. As a result of Olga Naumova’s resignation as Magnit CEO, Dunning temporarily took on her former role in July 2019.
== Awards and recognitions ==
* Order of Friendship (2020)"О награждении государственными наградами Российской Федерации"
==In the media==
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==References==
== External links ==
* Jan Dunning on linkedin
* Jan Dunning - Lenta
* Yan Gezinus Dunning, Magnit Pjsc: Profile and Biography
* Jan Dunning - Biography - MarketScreener
* Russia’s Magnit Appoints Former Lenta Head as President
* MAGNIT, PAO Company Profile | Krasnodar, Russia
* Magnit names former Lenta CEO Jan Dunning as president
Category:1959 births
Category:Living people
Category:Dutch business executives
Category:Dutch businesspeople
Category:University of Groningen alumni
Category:University of Amsterdam alumni
Category:People from Groningen (city)
Category:Recipients of the Order of Friendship