from LAGARDERE (EPA:MMB)
Arnaud Lagardère resumes duties as Group Chairman and Chief Executive Officer
Paris, 28 June 2024
Arnaud Lagardère resumes duties as Group Chairman and Chief Executive Officer
On the proposal of Jean-Christophe Thiery, who had been appointed to this position on a provisional basis on April 30, the Board of Directors of Lagardère SA, meeting today, unanimously appointed Arnaud Lagardère as Chairman and Chief Executive Officer.
This follows the partial lifting of the management activities ban imposed on Arnaud Lagardère on 29 April 2024, against which he appealed.
The appointment of Arnaud Lagardère as Chairman and Chief Executive Officer of Hachette Livre will also be submitted to the company's Board of Directors in the near future.
The Board of Directors also duly acknowledged the resumption of Arnaud Lagardère's duties as President of Lagardère Commandité SAS and Managing Partner of Lagardère Radio SCA, the holding company for the Group’s radio unit (Europe 1, Europe 2 and RFM), which had provisionally been entrusted to Constance Benqué.
Arnaud Lagardère commented: “I would like to extend warm thanks to Jean-Christophe Thiery, who has done a remarkable job as chief executive following my forced withdrawal from management duties. I am obviously delighted to be resuming my position as Chief Executive Officer of the Group that bears my name and to be reunited with the talented teams that I now have the honour of leading to future success. Naturally, I would also like to thank the directors of Lagardère SA as well as our shareholders – especially our leading shareholder, the Bolloré family – for their confidence, support and abiding concern for the proper governance of the Group and smooth continuation of its activities in the interests of all stakeholders, in particular its employees.”
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Created in 1992, Lagardère is an international group with operations in more than 40 countries worldwide. It employs some 31,300 people and generated revenue of €8,081 million in 2023. The Group focuses on three divisions: Lagardère Publishing (Books, E-Books, Partworks, Stationery, Board Games and Mobile Games), Lagardère Travel Retail (Travel Essentials, Duty Free & Fashion and Foodservice) and Lagardère News (Paris Match, Le Journal du Dimanche, and the Elle brand licence). The Group’s operating assets also include Lagardère Live Entertainment and Lagardère Paris Racing. Its consolidated financial statements also include Lagardère Radio SCA, which is wholly owned, and its subsidiaries (Europe 1, Europe 2 and RFM) controlled by Arnaud Lagardère. Lagardère shares are listed on Euronext Paris. www.lagardere.com |
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Emmanuel Rapin Tel. +33 1 40 69 17 45 erapin@lagardere.fr