Subscribe Login

Carrefour Rekindles Executive Pay Row In France

By Publications Checkout
Share this article

A row over a lucrative severance package for supermarket group Carrefour's former chief executive reflects mounting public impatience and government irritation with pay deals for French company bosses.

Georges Plassat's €13 million payout was tantamount to "thuggish behaviour" and did not tally with the state in which he left Europe's biggest retailer, government spokesman Benjamin Griveaux said on Sunday.

Plassat's package was approved by 68% of votes cast at a shareholders meeting on Friday.


30 Day Free Trial

Try European Supermarket Magazine Premium

Enjoy full access to European Supermarket Magazine, our weekly
email news digest, access to all website and app content, and the latest digital
magazine for a full 30 days.

  • - Payment details required during trial sign up.
  • - You may cancel at any time up to the end of the 30-day trial period.
  • - If you continue after the trial perion, then the annual rate of €109+VAT will be debited.
Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.