PARIS (Reuters) - France's supermarket group Carrefour said on Tuesday that two representatives of Financiere Agache, Alexandre Arnault and Nicolas Bazire, have resigned as board members.
The resignations come after French luxury goods billionaire Bernard Arnault last week sold a 5.7% stake in Carrefour via Financiere Agache, his holding company.
Carrefour also said the company would appoint advertising group Publicis' chairman and chief executive officer Arthur Sadoun as a director and seek ratification at its next shareholders meeting.
(Reporting by Matthieu Protard and Sarah White; editing by Jason Neely)
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| 734.9 EUR | +0.07% | -2.01% | 397B | ||
| 102.8 EUR | -0.53% | -3.47% | 27.89B | ||
Bernard Arnault is a French businessperson who has been at the helm of 10 different companies and presently holds the position of Chairman of Christian Dior SE, Chairman for Château Cheval Blanc SC, Chairman & Chief Executive Officer at LVMH Moët Hennessy Louis Vuitton SE, Co-Chairman of Groupe Arnault SE and President for Groupe Arnault SE. He is also Chairman for Fondation Louis Vuitton pour la Création and on the board of 5 other companies. He previously held the position of Chairman & Chief Executive Officer of Ferret Savinel Co., Chairman & Chief Executive Officer for Nexity SA, Chairman & Chief Executive Officer for Société Financière Agache SA and Chairman & Chief Executive Officer at Financière Agache SA. Mr. Arnault received an undergraduate degree from Ecole Polytechnique.
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| CHRISTIAN DIOR SE | Chairman |
| Fondation Louis Vuitton pour la Création | Chairman |
