Henri Giscard d’Estaing, president of Club Med, dismissed by its Chinese owners

With a certain emotion, the former president confides “I wanted to continue to accompany them (…). Furthermore, This is not what they decided. Meanwhile, So I will have to leave you, with a tight heart.”

The Club Med, an always “French” flagship?

According to AFP. the man announced during a videoconference with the press that he was forced to put an end to his functions, explaining that it was following the designation by Fosun of a new president, “Without (his) agreement“And of which he did not give the name.

Constant tensions – Henri giscard d'estaing, president club

Tensions with the Chinese shareholder Fosun are not new. had already caused the departure of Michel Wolfovski, deputy managing director of Henri Giscard d’Estaing. An uncertain period was then opened but the relations between Fosun. the boss of Club Med seemed to henri giscard d’estaing, president club have appeased.

Henri Giscard d’Estaing. a figure in the business world in France, especially in the tourism sector, joined Club Med in 1997 as Director General responsible for Development. In 2002, he was appointed president of Club Med and wanted to refocus activity on the high -end.