Philippe Berlan, CEO of France's La Redoute, will resign at the end of July. He has been with the company since 2012 and became CEO in March 2022. An interim CEO will be appointed until a successor is found.
La Redoute announced that its CEO, Philippe Berlan, will resign at the end of July. Berlan, who became CEO in March 2022, is leaving to “pursue a new professional opportunity.” The company is currently in the process of finding his successor.
Until a new CEO is appointed, La Redoute's executive committee will act as interim CEO under the supervision of Philippe Houzé, chairman of La Redoute. Houzé, who is also the chairman of the board of directors of Galeries Lafayette, will oversee the transition.
Philippe Berlan joined La Redoute in 2012 and has played a key role in the company's transformation. He was previously deputy CEO before taking over as CEO in March 2022. During his tenure, Berlan implemented several strategic initiatives that significantly impacted the company.
La Redoute, owned by Galeries Lafayette, is currently organizing the succession process. The company praised Berlan's contributions and noted that the search for a new CEO is a top priority. Berlan's departure marks the end of an era of significant change for La Redoute.
What impact will Philippe Berlan's resignation have on La Redoute?
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