The French business services group Sodexo announced on Tuesday the departure of its managing director Denis Machuel at the end of September, the company evoking a
"new stage"
, a little more than three years after his arrival at the head of the company of 420,000 employees .
To read also: Sodexo: Denis Machuel prints his mark
“The Board of Directors of Sodexo, meeting under the chairmanship of Sophie Bellon, has decided to proceed with the search for a new CEO or a new CEO. This decision aims to allow the group to strengthen its competitiveness and accelerate its transformation in the face of post-Covid challenges, ”
the group announced in a
press
release on Tuesday evening.
"Finding the path to solid growth"
Denis Machuel, CEO since January 2018,
“will continue to exercise his functions until September 30, 2021”
, specifies the press release entitled
“New step, new leadership for Sodexo”
.
The text does not give a precise reason for the departure of the leader and is limited to setting the objective of
"finding the path to solid, profitable and responsible growth over time"
.
The president of the board of directors, Sophie Bellon, will act as interim general manager as of this date.
Read also: Sodexo facing the worst crisis in its history
"The recovery is there, it is being confirmed even if it is gradual"
, underlined Denis Machuel on July 1 during a conference call on the results of the third quarter, welcoming the
"formidable resilience"
of the group at the height of the crisis. He had been working at Sodexo since 2007. The Board of Directors
"would like to thank Denis Machuel for his contribution to the development of the Sodexo group and for promoting the values of the company,"
he said. The presidency of Sodexo, founded in Marseille in 1966 by Pierre Bellon, was taken over in January 2016 by his daughter Sophie Bellon.
