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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Accor    AC   FR0000120404

ACCOR

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ACCOR : Gilles Pélisson, Chief executive Officer, Appointed Chairman of the Board

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02/25/2009 | 07:58am EDT
PR Newswire/Les Echos/

Press Release
February 24, 2009

Gilles Pélisson, Chief Executive Officer, Appointed Chairman of the Board

The Accor Board of Directors met today to approve the resolutions to be
submitted to the Shareholders Meeting on May 13th, in particular those
concerning the renewal of the Board whose three-year term is coming to an end.

A majority of the Board members having expressed their will to reduce the number
of seats on the Board and to combine the positions of Chairman and CEO, the
Chairman of the Board and five other Board members resigned.

Acknowledging this decision, the Board appointed Gilles Pélisson, CEO, as
Chairman of the Board.

A new Appointments Committee, comprising five members, including all independent
boards members, was asked to prepare a list of appointments for the next Board
meeting, to be held by mid-March to be submitted to the Shareholders Annual
Meeting.

It has been decided that the future Board will be limited to no more than 13
members, and that it will comply with the AFEP/Medef recommendations, regarding
the proportion of independent boards members.

                              * * * * *

Accor, a major global group and the European leader in hotels, as well as the
global leader in services to corporate clients and public institutions, operates
in nearly 100 countries with 150,000 employees. It offers to its clients over 40
years of expertise in two core businesses:
- Hotels, with the Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel,
Ibis, all seasons, Etap Hotel, Formule 1 and Motel 6 brands, representing 4,000
hotels and nearly 500,000 rooms in 90 countries, as well as strategically
related activities, such as Lenôtre;
- Services, with 32 million people in 40 countries benefiting from Accor
Services products in employee and public benefits, rewards and loyalty, and
expense management.
 
MEDIA CONTACTS	                                            

Armelle Volkringer             Alain Delrieu                   
Vice President, Corporate      Senior Media Relations Officer
Communication and External 
Relations 

Phone:+33 1 45 38 86 33        Phone:+33 1 45 38 84 85

INVESTORS CONTACTS

Éliane Rouyer-Chevalier        Solène Zammito
Senior Vice President          Deputy Director
Investor Relations and         Investor Relations
Financial Communication        Phone:+33 1 45 38 86 33   
Phone:+33 1 45 38 86 26
                      
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication.

© PRNewswire 2009
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