Accor Hotels ousts chairman

Accor Hotels' board of directors has unanimously voted to terminate chairman Denis Hennequin's contract following a disagreement over strategy.

Denis Hennequin has left Accor with immediate effect
Denis Hennequin has left Accor with immediate effect
Accor’s board of directors met yesterday (23 April) at the request of Hennequin, with all directors in attendance.

The directors came to the joint conclusion that the group’s strategy is the right one, despite Hennequin’s reservations and his track record of impressive growth.

The board have installed a transitional team: Philippe Citerne, previously vice-chairman of Accor’s board, is appointed non-executive chairman and Sébastien Bazin becomes vice-chairman of the board.

Meanwhile, Yann Caillère, previously president and chief operating officer, is appointed as chief executive officer.

An AGM, to be held tomorrow (25 April), will be chaired by Citerne.

Citerne said: "On behalf of the board, I would like to pay tribute to Denis Hennequin’s new and creative perspective on the hospitality business and for the quality of our exchanges during his mandate as chairman and CEO, and also at the time of his departure. I am confident in the future development of the group."

Hennequin said: "I am particularly proud of the work achieved by our teams, franchisees and partners under my guidance. Together, we have successfully expanded Accor enabling record growth over the last two years and creating a new, dynamic brand-based approach. I am confident that everyone will continue to uphold the values that drive the group’s success: a spirit of conquest, imagination, performance, trust and respect."

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
5 ways to bounce back from travel sickness

5 ways to bounce back from travel sickness

Wellness expert John Ayo shares his health tips to make sure you and your event don't have to suffer.

What's the biggest challenge for corporate event planners?

What's the biggest challenge for corporate event planners?

Panel of experts at Cvent Connect examine what will affect in-house event professionals most during the next three years.

Marketing budgets cut for the first time in seven years, says Bellwether Report

Marketing budgets cut for the first time in seven years, says Bellwether Report

Total marketing budgets fell in the third-quarter amid economic and political uncertainty, but outlook for 2020 is positive.

Event agency wins Best Business award

Event agency wins Best Business award

Sleek Events hailed as 'outstanding with year-on-year growth' by Best Business Women Awards.

Case study: Unbound's festival of innovation

Case study: Unbound's festival of innovation

Light Fantastic produced the two-day showcase featuring immersive experiences, hackathons and talks.

The Creative Engagement Group hires three senior creative directors

The Creative Engagement Group hires three senior creative directors

Agency brings in new staff to strengthen its creative team for live experiences, communications, interactive and immersive content.

Why flexible working is vital for parents in events

Why flexible working is vital for parents in events

Modern approaches to work are good for staff wellbeing and business goals, says The Creative Engagement Group's Russ Lidstone.

What are the pros and cons of helicopter travel?

What are the pros and cons of helicopter travel?

A helicopter can help to solve many logistical issues and clients often love them - but keep an eye on the weather.

World Congress of Optometry 2021 set for Melbourne

World Congress of Optometry 2021 set for Melbourne

Eye health professionals bound for Australia to share global knowledge, experience and practices.

Planners reveal the types of food most wasted at events

Planners reveal the types of food most wasted at events

Almost a third of industry professionals admit to wasting a significant amount of food at events, new research reveals.

LATEST JOBS