Club Med Chairman Says He Was Pushed Out Amid Rift With Owner

Le Point.fr

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Twenty-two years after taking over, Henri Giscard d'Estaing announced on Wednesday his resignation from the presidency of Club Med. A brutal break with his Chinese shareholder Fosun which marks the end of an era.

Capital.fr

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A former leader of Carrefour, Stéphane Maquaire, will take the lead of Club Med and thus succeed Henri Giscard d'Estaing, who announced his departure on Wednesday 16 July, told the AFP two sources close to the file on Thursday, confirming information from the media La Lettre.

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The president of the French tourism flagship since 2002 was revoked by his main shareholder, the Chinese group Fosun, he announced this Wednesday, July 16.

valeursactuelles.com

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Edit. Henry Giscard d'Estaing was disembarked on July 16, 2025. The iconic president who adjusted Club Med's accounts and redoed his coat of arms by deploying a high-end strategy regretted a decision "without transition". He called for a listing on Club Med's stock exchange to obtain a "diversity of shareholders that resembles him" and insisted that the decision center stay in France.The honeymoon will have lasted 10 years.

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For more than a year, the relations between Club Med, the flagship of French tourism, and its Chinese owner, Fosun, have been very tense Henri Giscard d'Estaing, President of Club Med since December.