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Based on a recommendation from Mr. Henri Giscard d'Estaing and Club Med's rigorous evaluation and succession process, Mr. Stéphane Maquaire, a French national, has been selected as the suitable candidate to lead the company into a phase of sustainable development. He will assume the leadership role of Club Med Holding from Paris, while ensuring the preservation of the French identity and values that are at the core of the brand.
The Board of Directors extends its sincere gratitude to Mr. Henri Giscard d'Estaing for his invaluable contributions over the past two decades. Under his leadership, Club Med has undergone significant transformation and achieved many important accomplishments, laying a solid foundation for the future.
Mr. Stéphane Maquaire, with his extensive experience, has been appointed President and CEO of Club Med.
One of the key criteria in the succession process is to continue pursuing the Group's global expansion strategy while preserving the core French roots and values that have been built up over generations.
Stéphane Maquaire brings a wealth of experience leading French businesses internationally. With extensive expertise in luxury brand repositioning and commercial real estate, he has demonstrated his ability to drive growth, improve operational efficiency, and innovate consumer experiences. Prior to joining Club Med, he served as Managing Director for Brazil and Latin America at Carrefour.
Following his appointment, Stéphane Maquaire met with the three current Deputy General Managers to discuss upcoming operational priorities.
As Chairman and CEO, Stéphane Maquaire will continue to build on the current strategy while guiding Club Med to seize new opportunities in the ever-changing tourism and hospitality industry.
Statement from Mr. Xiaoliang Xu, Co-CEO of Fosun International, Chairman of Fosun Tourism Group and Chairman of Club Med Holding:In Mr. Stéphane, we see a leader with a wealth of experience in the consumer sector and an outstanding international track record. He is the ideal person to drive the growth of Club Med and write a new chapter in this inspiring story. We express our deepest gratitude to Mr. Henri Giscard d'Estaing for his outstanding contributions to Club Med over the years. His strategic vision and leadership have shaped a successful model, embodying the essence of French customer service and lifestyle on a global scale.".
Statement from Stéphane Maquaire, the new Chairman and CEO of Club Med Holding:Club Med is a global icon, not only for its exceptional quality, but also for the joy and sense of connection it has brought to generations of travelers, thanks to the passion and unwavering dedication of its teams around the world. Above all, it is a culture, a spirit, a way of life, and a spirit of sharing. I am deeply honored to have the opportunity to lead this unique company into its next chapter, continuing the outstanding legacy left by Henri Giscard d'Estaing. I am absolutely confident that Club Med's core values – its French origins, its spirit of freedom, along with its compassion, tolerance, and deep concern for people – are more meaningful than ever. I look forward to meeting the new teams, the GOs and GEs, and the GMs: to listen, learn, grow together – and together build the future of Club Med as a unified collective.
Continuing its commitment to fostering international governance and diversification, alongside Mr. Stéphane Maquaire, the Club Med Board of Directors will welcome two new members: Mr. Philippe Heim and Mr. Takuya Yamada. Mr. Philippe Heim is a seasoned executive who has held numerous key leadership positions in France and internationally, including Chief Financial Officer (CFO) and Deputy General Director of Société Générale, and subsequently Chairman of the Board of La Banque Postale. Mr. Takuya Yamada, Chairman of IDERA Capital, the asset management firm for Club Med's two resorts in Japan, has worked closely with Club Med in recent years. The appointments of these two new members reflect the global footprint of both Fosun and Club Med, as well as the shareholders' aspiration to strengthen international involvement at the highest level of the company's governance.
