Just before the presentation of the results of the group, the suspense is lifted on the new governance model of the Accor group. Sébastien Bazin is finally taking the position of CEO after Denis Hennequin.

Sébastien Bazin began his career in the finance sector in 1985 in the United States. Back in France in 1990, he was appointed as Director of the investment bank Hottinger Rivaud Finances and then, in 1992, chose to devote himself to the hotel sector by becoming CEO of Immobilière Hôtelière company, specialized in high-end hotel developments.
In 1997, he joined Colony Capital with an entrepreneurial roadmap: to install and develop from Paris the European branch of the private investment firm founded in 1991 in Los Angeles by Tom Barrack. Within 15 years, he successfully established Colony Capital among the European leaders of the industry, with more than €7 billion under management on behalf of French and international renowned investors.

We expect him to valid or redirect the strategy presented by Denis Hennequin in March.

Yann Caillère, CEO of Accor, is to leave the Group.