Accor's CEO, Board Disagreed on Specific Deals-Source
03 11월 2010 - 8:21PM
Dow Jones News
The board of directors of Accor SA (AC.FR) and the hotel group's
Chief Executive Gilles Pelisson disagreed on how to accelerate the
company's growth, notably on specific acquisition targets, a person
close to the board told Dow Jones Newswires Wednesday.
Pelisson "pushed specific acquisition projects," that the board
didn't agree with, the person said. The two sides agreed on the
company's strategy of focusing development through franchises but
there was divergence on the issue of "how do we accelerate the
group's growth," the person said.
Accor Wednesday said Pelisson will be replaced by Denis
Hennequin who is Chief Executive of McDonald's Corp. (MCD) in
Europe. Hennequin will take up the position on Jan 11, and in the
interim Pelisson will continue to act as Chairman of the board of
directors.
Pelisson and Accor were not immediately available for
comment.
By Mimosa Spencer, Dow Jones Newswires; +33 1 40 17 1773;
mimosa.spencer@dowjones.com