Following a rigorous succession process, Club Med has appointed Stéphane Maquaire as its new President and Chief Executive Officer, replacing outgoing CEO Henri Giscard d’Estaing after more than 20 years at the helm.The appointment, effective immediately, is the result of much deliberation by both Giscard d’Estaing and the Board of Directors. It aims to continue the company’s trajectory of profitable growth while preserving its French identity, according to Xiaoliang Xu, Co-CEO of Fosun International and Chairman of Club Med Holding.“In Stéphane, we have chosen a leader with deep experience in the consumer sector and a remarkable international track record,” he said Xiaoliang Xu. “He is ideally positioned to accelerate Club Med’s momentum and write the next chapter of this extraordinary story.”Maquaire, a French national, brings extensive leadership experience from prominent French and international companies. He most recently served as Executive Director for Carrefour Brazil and Latin America. Known for his success in premium brand transformation and commercial real estate, he will now lead Club Med Holding from its Paris headquarters, maintaining “the French identity and values at the heart of the brand.”
The Board also expressed its gratitude to Henri Giscard d’Estaing, who has served the company for over 20 years. “His leadership and strategic vision have shaped a winning model that embodies the very best of French hospitality and lifestyle on the global stage,” Xu said.Meanwhile, Maquaire welcomed the opportunity to join a “global icon”, highlighting its impact on generations on travellers. “Above all, it is a culture, a spirit, a way of living and sharing,” he said.“I firmly believe that Club Med’s values — its French roots, its spirit of freedom, and its deep sense of kindness, inclusion, and care for people — are more relevant than ever. I’m looking forward immensely to meeting my new teams… and shaping the future of Club Med, as one team.”In line with Club Med’s commitment to international governance and diversity, the company also announced the addition of two new board members: Philippe Heim and Takuya Yamada. Their appointments further reflect the company’s global vision and shareholder ambition to strengthen international participation at the highest level, according to the company.