TOEIC · Practice Test 22

Short Talk 216

In business news, the global retail giant Apex Holdings has announced that its Chief Operating Officer, Martin Delgado,

Level: C1 · 11 sentences

Transcript

  1. In business news,
  2. the global retail giant Apex Holdings has announced that its Chief Operating Officer, Martin Delgado,
  3. will be retiring at the end of July.
  4. During Mr. Delgado's tenure,
  5. Apex Holdings experienced unprecedented expansion,
  6. becoming the second-largest retail chain worldwide,
  7. with a presence in over 50 countries and employing more than 200,000 people.
  8. Industry experts suggest that a successor has already been chosen but remains unnamed for now.
  9. Speculation about his potential replacement is rife,
  10. with some observers pointing to Emily Tran, the company's Head of International Operations,
  11. who has been instrumental in the company's global expansion strategy over the past decade, as a leading contender.