PARIS, Aug 2 (Reuters) - French supermarket chain Carrefour <CARR.PA> denied on Saturday that it had hired headhunters to seek a replacement for Jose Luis Duran, its chief executive.
The Financial Times quoted an unnamed prominent businessman as saying he had been approached by a headhunter before a July 28 shareholder meeting called to approve a simplification in the management structure.
A spokesman for the board of the world's second-biggest retailer said: 'The board of Carrefour denies having hired a headhunting firm to replace Jose Luis Duran, whom it has just named chief executive following the July 28 shareholder meeting.'
Carrefour used to have a supervisory board, headed by Amaury de Seze, and a management board, headed by Duran. Under the new structure there is a single board of directors, whose chairman is De Seze and of which Duran is not a member.
(Reporting by Estelle Shirbon; Editing by Ron Askew) Keywords: CARREFOUR/CEO tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
The Financial Times quoted an unnamed prominent businessman as saying he had been approached by a headhunter before a July 28 shareholder meeting called to approve a simplification in the management structure.
A spokesman for the board of the world's second-biggest retailer said: 'The board of Carrefour denies having hired a headhunting firm to replace Jose Luis Duran, whom it has just named chief executive following the July 28 shareholder meeting.'
Carrefour used to have a supervisory board, headed by Amaury de Seze, and a management board, headed by Duran. Under the new structure there is a single board of directors, whose chairman is De Seze and of which Duran is not a member.
(Reporting by Estelle Shirbon; Editing by Ron Askew) Keywords: CARREFOUR/CEO tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.