Accor CEO expected to be replaced by duo -source

PARIS, April 23 Tue Apr 23, 2013 12:33pm EDT

PARIS, April 23 (Reuters) - Accor Chairman and Chief Executive Denis Hennequin is expected to be replaced at a board meeting by a duo made up of board member Sebastien Bazin, the head of Colony Europe, and Accor Chief Operating Officer Yann Caillere, a source close to the board said on Tuesday.

"Sebastien Bazin is expected to be named as non-executive chairman and Yann Caillere as CEO," the source told Reuters. "Hennequin has decided to throw in the towel." (Reporting by Noelle Mennella; Writing by Dominique Vidalon; Editing by James Regan)

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