Jean-Christophe Thiery, CEO of Lagardère SA as “temporary replacement” for Arnaud Lagardère

Jean-Christophe Thiery, CEO of Lagardère SA as “temporary replacement” for Arnaud Lagardère
Jean-Christophe Thiery, CEO of Lagardère SA as “temporary replacement” for Arnaud Lagardère

A few hours after the announcement of Arnaud Lagardère’s resignation, the Lagardère group has a new CEO. On the recommendation of the Appointments, Remuneration and CSR Committee, the board of directors of Lagardère SA, owner of Hachette Livre via Lagardère Publishing, has in fact unanimously decided to co-opt Jean-Christophe Thiery as a director and to appoint him as CEO of Lagardère SA, announces the Group in a press release.

This appointment is made “ provisionally » and will allow “ to ensure business continuity », It is specified. “ The appointment of Jean-Christophe Thiery as CEO of Hachette Livre will also be submitted very soon to the company’s board of directors. Jean-Christophe Thiery has been chairman of the supervisory board of the Canal+ group since 2018, a position he will retain. »

The board of directors also took note of Arnaud Lagardère’s decision to appoint Constance Benqué as president of the company Lagardère Commandité SAS and manager of Lagardère Radio SCA, the holding company of the radio division (Europe 1, Europe 2 and RFM) since the implementation of its autonomy. Here again, this appointment is made “ provisionally. »

“Provisional provisions”

The appointments of Jean-Christophe Thiery and Constance Benqué come after the indictment of Arnaud Lagardère as well as the provisional management ban pronounced against him on April 29, 2024. The latter “ contests these decisions against which he will appeal and appeal. Despite this appeal, the ban on management forces Mr. Arnaud Lagardère to resign from his executive mandates within the Group », specifies the press release which justifies these “ provisional arrangements required to ensure good governance of the Group while awaiting the possibility for Mr. Arnaud Lagardère to take over effective management. »

The Board of Directors would like to point out that Mr. Arnaud Lagardère benefits from the presumption of innocence, an indictment in no way prejudges the outcome of the procedure. », concludes the Lagardère SA press release.

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