Club Med taps ex-Carrefour executive as new CEO

China News

Club Med taps ex-Carrefour executive as new CEO

Club Med taps ex-Carrefour executive as new CEO
by AFP Staff Writers
Paris (AFP) July 21, 2025

Club Med, the Chinese-owned French travel operator, said on Monday it has named a former executive in the Carrefour supermarket group to replace its head and chairman Henri Giscard d'Estaing, who was fired last week.

Stephane Maquaire, 51, who until this month led Carrefour's operations in Brazil, will take up his position as CEO and chairman "with immediate effect", the company said in a statement.

Giscard d'Estaing -- the 68-year-old son of former French president Valery Giscard d'Estaing -- ran Club Med for the past 22 years, repositioning the brand as an upmarket, family-oriented operator of resorts.

On July 16, Giscard d'Estaing announced that Club Med's Chinese owners, the conglomerate Fosun, had without warning replaced him as chairman.

The change came against a backdrop of mounting tensions between Giscard d'Estaing and Fosun over the ousted chairman's demand to have Club Med relisted on the Paris stock exchange.

hrc-kap/rmb/rlp

CLUB MEDITERRANEE

Carrefour

FOSUN INTERNATIONAL

Related Links
Space Tourism, Space Transport and Space Exploration News

Subscribe Free To Our Daily Newsletters

RELATED CONTENT

The following news reports may link to other Space Media Network websites.

Blue Origin launches six tourists on 13th passenger flight
Washington DC (UPI) Jun 30, 2025
Blue Origin launched six more tourists into space and back on Sunday from Texas on its 13th passenger flight. The company's New Shepard rocket lifted off Sunday 10:39 a.m. EDT with Allie and Carl Kuehner, Leland Larson, Freddie Rescigno, Jr., Owolabi Salis and James Sitkn on board. The rocket's hydrogen-fueled BE-3 engine fired up for about two and a half minutes, boosting the spacecraft to high speeds. The capsule then broke off from the booster, allowing it to reach its highest point a ... read more

Six Chinese universities to launch new low altitude space major this fall

International deep space alliance launched in Hefei China

China launches international association to boost global access to deep space research

Chinese Long March Rockets Make International Debut at Paris Air Show

Markets turn lower as trade war rally fades

Xi says China, EU must deepen trust but bloc chief urges 'real solutions'

Trump announces 'massive' Japan trade deal

Tokyo's Nikkei leads Asian rally after Japan-US trade deal

China's Xi vows greater support for Russia as meets Lavrov

Japan says China's military activities could 'seriously impact' its security

China hails 'strategically valuable' Russia ties in Lavrov visit

State Department cutting 1,353 jobs amid downsizing

UK gives green light 38 bn pounds to build Sizewell C nuclear plant

Japan moves toward first new reactor since Fukushima disaster

Framatome to supply nuclear fuel for Barakah plant boosting UAE energy security

Framatome opens advanced additive manufacturing hub in France

China jails Japanese national for espionage: embassy

Pentagon inks contracts for Musk's xAI, competitors

Ukraine, Russia trade blows in escalating spy war

Latest Grok chatbot turns to Musk for some answers

UK gives green light 38 bn pounds to build Sizewell C nuclear plant

Japan moves toward first new reactor since Fukushima disaster

Framatome to supply nuclear fuel for Barakah plant boosting UAE energy security

Framatome opens advanced additive manufacturing hub in France

Drone swarm explores turbulent airflows near wind turbines

Dogs on the trail of South Africa's endangered tortoises

UK ditches mega green energy supply project from Morocco

Trump admin ends halt on New York offshore wind project

Subscribe Free To Our Daily Newsletters

The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.