Stéphane Maquaire President and CEO at Club Med in Paris, France
On July 21, 2025, the Board of Directors of Club Med Holding announced the appointment of Stéphane Maquaire as the President and Chief Executive Officer of Club Med Holding, effective immediately.
Based on the recommendation of Henri Giscard d'Estaing, Club Med's rigorous succession and evaluation process identified Stéphane Maquaire, a French national, as uniquely qualified among the candidates considered to lead the company into a new phase of profitable growth. Stéphane Maquaire will lead Club Med Holding from Paris and ensure the preservation of the French identity and values at the heart of the brand.
A graduate of École des Ponts et Chaussées, Stéphane Maquaire began his career at Arthur Andersen before joining Unibail-Rodamco, and later Monoprix, where he led an ambitious transformation combining premium repositioning, digital acceleration, and a strong focus on sustainable development. He went on to lead Vivarte in France, then Swiss retailer Manor, before joining Carrefour in 2019.
As Executive Director for Carrefour Brazil and Latin America, he oversaw a €20 billion business, restructured the company's portfolio, integrated Walmart, expanded the Atacadao format, and drove a strong omnichannel strategy. Known for his approachable leadership style, hands-on management, and deep commitment to inclusion and sustainability, Stéphane Maquaire brings to Club Med a wealth of experience in complex and multicultural environments.
The Board wishes to thank Henri Giscard d'Estaing, for his accomplished leadership over the past two decades, which has been instrumental in delivering Club Med's successful transformation and in preparing the company for its next chapter.
A key criterion for the succession process has been the pursuit of the Group's strategy of international expansion while preserving its French roots and long-standing core values.
Stéphane Maquaire brings strong leadership experience with French companies on the international stage. With deep expertise in premium brand transformation as well as commercial real estate, he has demonstrated a consistent track record of growth, operational excellence and consumer-facing innovation. Stéphane Maquaire joins Club Med from Carrefour, where he served as Executive Director for Carrefour Brazil and Latin America.
Following the appointment, Stéphane Maquaire met with the three incumbent Deputy CEOs to examine operational priorities.
As President and CEO, Stéphane Maquaire will build on the current strategy while guiding the company to seize new opportunities in a fast-evolving travel and hospitality landscape.
As part of its continued commitment to international governance and diversity, besides Stéphane Maquaire, two new members will be added to the board: Philippe Heim and Takuya Yamada. Philippe Heim is a seasoned executive with extensive management experience in France and internationally, including key leadership roles at Société Générale, as CFO and deputy CEO, and after as Chairman of the Executive Board of La Banque Postale, while Takuya Yamada, Chairman of IDERA Capital, the asset manager of Club Med's two resorts in Japan, has collaborated closely with Club Med in recent years. Their appointments reflect the global footprint of both Fosun and Club Med, and shareholder's ambition to strengthen international participation at the highest level of the company.
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