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Investing.com -- Sodexo shares rose 2% after the company announced it will separate its chairman and CEO positions, appointing Thierry Delaporte as Group CEO effective November 10.
Sophie Bellon will remain as non-executive chairwoman of the company. The decision comes after four years of combining the two leadership roles and follows a recommendation from the Nominating Committee after a thorough selection process coordinated with the Bellon family.
Delaporte, 58, brings extensive experience from previous executive positions. He has worked in CFO and CEO roles across Europe, Asia, and the United States at Cap Gemini and most recently served as CEO at Wipro. His background includes experience as CEO of a publicly listed company.
The incoming CEO currently serves as a board member at Saint Gobain and Edenred.
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