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In a major leadership transition, global resort giant Club Med has appointed Stéphane Maquaire as its new President and CEO, effective immediately.

Maquaire, a French national with an extensive international leadership record, steps into the role following the endorsement of outgoing CEO Henri Giscard d’Estaing. Based in Paris, Maquaire will oversee the next chapter of growth for the premium all-inclusive holiday company while maintaining its French heritage and strong brand values.

The appointment follows a comprehensive succession process, with the Board selecting Maquaire for his proven expertise in transforming premium brands and driving commercial success globally. Most recently, he served as Executive Director for Carrefour Brazil and Latin America.

“Club Med is a global icon,” said Maquaire. “It is not only known for excellence, but also for the sense of joy and belonging it creates. I am honoured to lead this remarkable brand into its next phase, building on the exceptional legacy of Henri Giscard d’Estaing.”

Maquaire has already met with the three Deputy CEOs to align on operational priorities and reaffirm the company’s current strategic direction. His appointment signals continuity, but also a renewed focus on innovation and global expansion in a rapidly evolving travel and hospitality market.

Tributes flowed for Giscard d’Estaing, who spent two decades at the helm of Club Med and led its transformation into a modern, international brand. Under his leadership, the company significantly expanded its global footprint while reinforcing its premium positioning.

Xiaoliang Xu, Co-CEO of Fosun International and Chairman of Club Med Holding, praised both leaders: “Stéphane brings deep experience and an impressive international track record. He is perfectly placed to accelerate Club Med’s global momentum. We also thank Henri Giscard d’Estaing for his outstanding leadership, which shaped a model of French hospitality recognised around the world.”

In addition to Maquaire’s appointment, Club Med’s board will welcome two new members — Philippe Heim and Takuya Yamada — to enhance international governance. Heim brings extensive banking leadership experience, while Yamada, Chairman of IDERA Capital, has played a key role in Club Med’s expansion in Japan.

The leadership changes highlight Club Med’s ongoing commitment to global growth, cultural diversity and delivering extraordinary holiday experiences to travellers around the world — including the growing Australian market.