Henri Giscard d’Estaing leaves Club Med: A major change for Fosun
📈 Tensions rose between Henri Giscard d'Estaing and Club Med's Chinese shareholder, Fosun, leading to Giscard d'Estaing's dismissal after the appointment of a new chairman without his input. The change follows disputes over governance and strategy, notably over plans to relist Club Med on the Paris stock exchange by 2026, which Fosun rejected. Despite Giscard d'Estaing's willingness to ensure a smooth transition, Fosun proceeded with succession planning independently.
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