on LAGARDERE (EPA:MMB)
Leadership Transition at Lagardère Travel Retail
Lagardère Group has announced the appointment of Arnaud Lagardère as Non-Executive Chairman of Lagardère Travel Retail, effective March 1, 2026. This marks a significant leadership change as Frédéric Chevalier will succeed Dag Rasmussen, who retires after leading the company for over a decade.
Frédéric Chevalier, who joined the company in 2006, has been instrumental in its transformation. His leadership in integrating various business lines and accelerating global development positions him as a natural successor. Under Rasmussen's leadership since 1988, the company has seen substantial growth and established a strong global footprint.
Arnaud Lagardère praised Rasmussen for his strategic vision and success in transforming Lagardère Travel Retail into a global industry leader. The upcoming leadership transition is designed to maintain continuity and long-term success, building on a strong foundation.
R. E.
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