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Accor SA Ousts Denis Hennequin-Reuters

Tuesday, 23 Apr 2013 04:17pm EDT 

Reuters reported that Accor SA ousted Chairman and Chief Executive Denis Hennequin on April 23, 2013 and put a transition team in charge of the hotel group amid a disagreement over the pace of change. The French company named Chief Operating Officer Yann Caillere CEO, while board member Sebastien Bazin, the head of Colony Europe, was named Vice-Chairman to replace Philippe Citerne, who becomes Non-Executive Chairman. 

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-0.085 -0.26%
8:03am EDT