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AC Accor

45.88
-1.25 (-2.65%)
Last Updated: 14:55:05
Delayed by 15 minutes
Share Name Share Symbol Market Type
Accor EU:AC Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.25 -2.65% 45.88 45.86 45.88 47.13 45.77 47.01 129,499 14:55:05

Danone's Franck Riboud Steps Down From Accor Board

07/01/2013 5:27pm

Dow Jones News


Accor (EU:AC)
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French hotels group Accor SA (AC.FR) Monday said that Franck Riboud, chairman and chief executive of French dairy group Danone SA (BN.FR), has stepped down from Accor's board of directors.

MAIN FACTS:

- Franck Riboud stepped down from Accor's board of directors effective December 31, 2012.

- His decision was in line with the recommendation limiting the number of directorships that should be held by an executive director in accordance with good corporate governance practice.

- In the coming weeks, the compensation, appointments and corporate governance committee will review the various options and make a recommendation to the board of directors concerning the composition of the board following Mr. Riboud's departure.

-Write to Ruth Bender at ruth.bender@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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