After an impromptu supervisory board meeting, Virginie Morgon, Eurazeo’s CEO since 2018, was pulled out by the majority shareholder, JC Decaux. Even though the Decaux family had entered the capital of the French private equity giant with a fussy attitude, the narrative seems to have changed since the death of Eurazeo’s emblematic figure, Michel-David Weill, which has shuffled the power cards. Under the guise of governance problems, the Decaux family is strengthening its grip over the investment ....
07 Feb 2023
Decaux family's tightened stranglehold on the French private equity giant
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Decaux family's tightened stranglehold on the French private equity giant
After an impromptu supervisory board meeting, Virginie Morgon, Eurazeo’s CEO since 2018, was pulled out by the majority shareholder, JC Decaux. Even though the Decaux family had entered the capital of the French private equity giant with a fussy attitude, the narrative seems to have changed since the death of Eurazeo’s emblematic figure, Michel-David Weill, which has shuffled the power cards. Under the guise of governance problems, the Decaux family is strengthening its grip over the investment ....