Carmila appoints Marie Cheval as Board Chair and CEO succeeding Alexandre de Palmas remaining to the Board of Directors

– FRANCE, Boulogne-Billancourt –  Carmila (EPA: CARM) today announced the appointment of Marie Cheval to succeed Alexandre de Palmas as Chairman and CEO effective from 3 November 2020.

The Board of Directors thanks Alexandre de Palmas for his service to the Company that he joined as a Director and Chairman and CEO on 1 July 2019. He remains a Director of the Company.

About Marie Cheval

As Director of Carrefour France Hypermarkets since 2018, Marie Cheval has successfully overseen the transformation plan for the Carrefour group’s hypermarkets, a key format for Carmila whose strategy is based on their dynamism and operational synergies. As a member of the Board of Directors of Carmila since 2018, Marie Cheval has actively participated in defining and monitoring the progress of Carmila’s strategy, and she is very familiar with Carmila’s portfolio and teams.

Marie Cheval is a graduate of Institut d’Études Politiques de Paris and École Nationale de l’Administration. In 1999, she joined the French General Inspectorate of Finance. From 2002 to 2011, she held several positions with the La Poste group and La Banque Postale. In 2011, Marie Cheval joined the Société Générale group as Director of Global Transactions and Payment Services. She was appointed CEO of Boursorama, a listed company, in 2013. In 2017, Marie Cheval joined the Carrefour group as Executive Director Customers, Services, and Digital Transformation for the group and France. In 2018, she was appointed Executive Director of Financial Services and Hypermarkets France.

About Carmila

As the third-largest listed owner of commercial property in continental Europe, Carmila was founded by Carrefour and large institutional investors to transform and enhance the value of shopping centers adjoining Carrefour hypermarkets in France, Spain, and Italy. At 30 June 2020, its portfolio was valued at €6.2 billion, comprising 215 shopping centres, all leaders in their catchment areas. Driven by an ambition to simplify and enhance the daily lives of retailers and customers across the regions, the local touch is at the heart of everything Carmila does. Carmila’s teams have a deeply-anchored retail culture, comprising experts in all aspects of retail attractiveness: operations, shopping centre management, leasing, local digital marketing, business set-ups and CSR.

For more information : https://www.carmila.com/en/

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