{"id":118457,"date":"2023-08-03T10:26:30","date_gmt":"2023-08-03T08:26:30","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/groupe-barriere-changes-its-governance-and-shareholding-structure\/"},"modified":"2023-08-26T00:41:04","modified_gmt":"2023-08-25T22:41:04","slug":"groupe-barriere-changes-its-governance-and-shareholding-structure","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/groupe-barriere-changes-its-governance-and-shareholding-structure\/","title":{"rendered":"Groupe Barri\u00e8re changes its governance and shareholding structure"},"content":{"rendered":"<p>[vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;administrator,editor,author,armember&#8221;][vc_column][vc_column_text]<\/p>\n<h4>Changes at Barri\u00e8re. The group transforms its governance and capital distribution with the arrival of the fourth generation at the helm. The Lucien Barri\u00e8re Group has regained its status as an exclusively family-run business, now wholly owned by Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re.<br \/>\n<!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>An emblematic French family-owned company, the century-old <strong>Barri\u00e8re<\/strong> group is about to embark on a new chapter in its history with the ascension of <strong>Alexandre Barri\u00e8re and Joy Desseigne-Barri\u00e8re<\/strong> to the company&#8217;s helm as Chairmen.<\/p>\n<p>&nbsp;<\/p>\n<p>They are the fourth generation to lead the company since it was founded in <strong>1912 by Fran\u00e7ois Andr\u00e9<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>This new direction is accompanied by the acquisition of the shares held by <strong>Fimalac since 2011<\/strong>. The clear objective of this new management is to promote the Group&#8217;s development and diversification, while remaining faithful to the fundamental principles that have given the company its strength for over a century.<\/p>\n<p>&nbsp;<\/p>\n<p><em>&#8220;We are aware of our responsibilities, and we intend to assume them,&#8221;<\/em> say Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re. <em>&#8220;We will do what we feel is necessary to be worthy of the three generations that preceded us, and to make our 7,000 colleagues even prouder to work for Barri\u00e8re, this century-old family-owned French Group. With this in mind, we have decided to buy back the shares held by Fimalac&#8221;.<\/em><\/p>\n<p>&nbsp;<\/p>\n<h2>Capital transfer<\/h2>\n<p>&nbsp;<\/p>\n<p>This new management style is accompanied by a change in the way the capital is held, with the acquisition of the shares previously held by <strong>Fimalac (40%)<\/strong> since 2011 within Groupe Lucien Barri\u00e8re (GLB).<\/p>\n<p>&nbsp;<\/p>\n<p>All shares in Groupe Lucien Barri\u00e8re (GLB) are now in the hands of Alexandre Barri\u00e8re and Joy Desseigne-Barri\u00e8re. In addition, the formalization of the agreement to buy <strong>10%<\/strong> of Soci\u00e9t\u00e9 Fermi\u00e8re du <strong>Casino Municipal de Cannes (SFCMC)<\/strong> from Fimalac, authorized and announced on June 28, was finalized on July 21.<\/p>\n<p>&nbsp;<\/p>\n<p>Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re expressed their deep gratitude to <strong>Marc Ladreit de Lacharri\u00e8re<\/strong> (Fimalac), who has played an active role in the Group&#8217;s development. They also expressed their gratitude to <strong>Nicolas Sarkozy<\/strong>, who will remain on the Board until 2023.<\/p>\n<p>&nbsp;<\/p>\n<h2>Family heritage<\/h2>\n<p>&nbsp;<\/p>\n<p>Born in <strong>1987<\/strong>, Alexandre Barri\u00e8re is Chairman of <strong>Soci\u00e9t\u00e9 de Participation Deauvillaise (SPD)<\/strong>, the holding company behind Groupe Lucien Barri\u00e8re (GLB), and of Soci\u00e9t\u00e9 Fermi\u00e8re du Casino Municipal de Cannes (SFCMC). Alongside his sister Joy, they represent the fourth generation to run the Barri\u00e8re Group, a centuries-old French family business.<\/p>\n<p>&nbsp;<\/p>\n<p>After studying in the United States, including a <strong>Bachelor&#8217;s degree in Business Administration<\/strong> at the American University in Paris and an MBA in <strong>Hospitality Management at ESSEC<\/strong>, Alexandre Barri\u00e8re joined the group. In <strong>2014<\/strong>, he joined the Group&#8217;s Development department, before becoming Transformation Director in July <strong>2018<\/strong>. In this role, he is responsible for designing new growth opportunities to meet customers&#8217; changing needs. He joined the Management Board in November 2018 and was appointed Managing Director Hotels &amp; Restaurants shortly afterwards. In early <strong>2019<\/strong>, he joins the boards of GLB and SFCMC. In May <strong>2021<\/strong>, he is appointed Managing Director of a new cross-functional entity in charge of strategy and development, while also maintaining his role as Transformation Director.<\/p>\n<p>&nbsp;<\/p>\n<p>Born in <strong>1990<\/strong>, Joy Desseigne-Barri\u00e8re chairs the Boards of Directors of <strong>Soci\u00e9t\u00e9 Fermi\u00e8re du Casino Municipal de Cannes (SFCMC) and Soci\u00e9t\u00e9 Immobili\u00e8re et d&#8217;Exploitation de l&#8217;H\u00f4tel Majestic (SIEHM)<\/strong>. With a <strong>Master&#8217;s degree in Political Science from Universit\u00e9 Paris-Dauphine and a degree in Philosophy from Universit\u00e9 Paris-Sorbonne<\/strong>, Joy began her career in London in <strong>2016<\/strong>. She first worked at Publicis, then at BVA BDRC, where for four years she contributed to strategic projects for major hotel groups. She then joined the family business as a project manager in the casinos department on <strong>October 1, 2020<\/strong>. Since September <strong>2021<\/strong>, as Data &amp; Customer Knowledge Director, she has overseen strategic projects focused on customer knowledge and performance improvement, particularly in the gaming offering.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;<a href=\"https:\/\/luxus-plus.com\/en\/barriere-casinos-alexandre-barriere-son-of-the-current-ceo-takes-over-as-head-of-the-group\/\">Barri\u00e8re Casinos: Alexandre Barri\u00e8re, son of the current CEO, takes over as head of the group\u00a0<\/a><\/p>\n<p>Featured photo : \u00a9Barri\u00e8re[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=&#8221;not-logged-in&#8221;][vc_column][vc_column_text]<\/p>\n<h4><\/h4>\n<h4>Changes at Barri\u00e8re. The group transforms its governance and capital distribution with the arrival of the fourth generation at the helm. The Lucien Barri\u00e8re Group has regained its status as an exclusively family-run business, now wholly owned by Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>An emblematic French family-owned company, the century-old <strong>Barri\u00e8re<\/strong> group is about to embark on a new chapter in its history with the ascension of <strong>Alexandre Barri\u00e8re and Joy Desseigne-Barri\u00e8re<\/strong> to the company&#8217;s helm as Chairmen.<\/p>\n<p>&nbsp;<\/p>\n<p>They are the fourth generation to lead the company since it was founded in <strong>1912 by Fran\u00e7ois Andr\u00e9<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>This new direction is accompanied by the acquisition of the shares held by <strong>Fimalac since 2011<\/strong>. The clear objective of this new management is to promote the Group&#8217;s development and diversification, while remaining faithful to the fundamental principles that have given the company its strength for over a century.<\/p>\n<p>&nbsp;<\/p>\n<p><em>&#8220;We are aware of our responsibilities, and we intend to assume them,&#8221;<\/em> say Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re. <em>&#8220;We will do what we feel is necessary to be worthy of the three generations that preceded us, and to make our 7,000 colleagues even prouder to work for Barri\u00e8re, this century-old family-owned French Group. With this in mind, we have decided to buy back the shares held by Fimalac&#8221;.<\/em><\/p>\n<p>&nbsp;<\/p>\n<h2>Capital transfer<\/h2>\n<p>&nbsp;<\/p>\n<p>This new management style is accompanied by a change in the way the capital is held, with the acquisition of the shares previously held by <strong>Fimalac (40%)<\/strong> since 2011 within Groupe Lucien Barri\u00e8re (GLB).<\/p>\n<p>&nbsp;<\/p>\n<p>[&#8230;][\/vc_column_text][vc_cta h2=&#8221;This article is reserved for subscribers.&#8221; h2_font_container=&#8221;tag:h2|font_size:16|text_align:left&#8221; h2_use_theme_fonts=&#8221;yes&#8221; h4=&#8221;Subscribe now !&#8221; h4_font_container=&#8221;tag:h2|font_size:32|text_align:left|line_height:bas&#8221; h4_use_theme_fonts=&#8221;yes&#8221; txt_align=&#8221;center&#8221; color=&#8221;black&#8221; add_button=&#8221;right&#8221; btn_title=&#8221;I SUBSCRIBE !&#8221; btn_color=&#8221;danger&#8221; btn_size=&#8221;lg&#8221; btn_align=&#8221;center&#8221; use_custom_fonts_h2=&#8221;true&#8221; use_custom_fonts_h4=&#8221;true&#8221; btn_button_block=&#8221;true&#8221; btn_custom_onclick=&#8221;true&#8221; btn_link=&#8221;url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F&#8221;]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters&#8230;<\/p>\n<p>Already have an account ? <strong><a href=\"https:\/\/luxus-plus.com\/mon-compte\/\">Please log in<\/a>.<\/strong><\/p>\n<p>[\/vc_cta][vc_column_text]Featured photo : \u00a9 Barri\u00e8re[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;subscriber,customer&#8221;][vc_column][vc_column_text]<\/p>\n<h4><\/h4>\n<h4>Changes at Barri\u00e8re. The group transforms its governance and capital distribution with the arrival of the fourth generation at the helm. The Lucien Barri\u00e8re Group has regained its status as an exclusively family-run business, now wholly owned by Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>An emblematic French family-owned company, the century-old <strong>Barri\u00e8re<\/strong> group is about to embark on a new chapter in its history with the ascension of <strong>Alexandre Barri\u00e8re and Joy Desseigne-Barri\u00e8re<\/strong> to the company&#8217;s helm as Chairmen.<\/p>\n<p>&nbsp;<\/p>\n<p>They are the fourth generation to lead the company since it was founded in <strong>1912 by Fran\u00e7ois Andr\u00e9<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>This new direction is accompanied by the acquisition of the shares held by <strong>Fimalac since 2011<\/strong>. The clear objective of this new management is to promote the Group&#8217;s development and diversification, while remaining faithful to the fundamental principles that have given the company its strength for over a century.<\/p>\n<p>&nbsp;<\/p>\n<p><em>&#8220;We are aware of our responsibilities, and we intend to assume them,&#8221;<\/em> say Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re. <em>&#8220;We will do what we feel is necessary to be worthy of the three generations that preceded us, and to make our 7,000 colleagues even prouder to work for Barri\u00e8re, this century-old family-owned French Group. With this in mind, we have decided to buy back the shares held by Fimalac&#8221;.<\/em><\/p>\n<p>&nbsp;<\/p>\n<h2>Capital transfer<\/h2>\n<p>&nbsp;<\/p>\n<p>This new management style is accompanied by a change in the way the capital is held, with the acquisition of the shares previously held by <strong>Fimalac (40%)<\/strong> since 2011 within Groupe Lucien Barri\u00e8re (GLB).<\/p>\n<p>&nbsp;<\/p>\n<p>[&#8230;][\/vc_column_text][vc_cta h2=&#8221;This article is reserved for subscribers.&#8221; h2_font_container=&#8221;tag:h2|font_size:16|text_align:left&#8221; h2_use_theme_fonts=&#8221;yes&#8221; h4=&#8221;Subscribe now !&#8221; h4_font_container=&#8221;tag:h2|font_size:32|text_align:left|line_height:bas&#8221; h4_use_theme_fonts=&#8221;yes&#8221; txt_align=&#8221;center&#8221; color=&#8221;black&#8221; add_button=&#8221;right&#8221; btn_title=&#8221;I SUBSCRIBE !&#8221; btn_color=&#8221;danger&#8221; btn_size=&#8221;lg&#8221; btn_align=&#8221;center&#8221; use_custom_fonts_h2=&#8221;true&#8221; use_custom_fonts_h4=&#8221;true&#8221; btn_button_block=&#8221;true&#8221; btn_custom_onclick=&#8221;true&#8221; btn_link=&#8221;url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F&#8221;]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters&#8230;<\/p>\n<p>Already have an account ? <strong><a href=\"https:\/\/luxus-plus.com\/mon-compte\/\">Please log in<\/a>.<\/strong><\/p>\n<p>[\/vc_cta][vc_column_text]Featured photo : \u00a9 Barri\u00e8re[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;administrator,editor,author,armember&#8221;][vc_column][vc_column_text] Changes at Barri\u00e8re. The group transforms its governance and capital distribution with the arrival of the fourth generation at the helm. The Lucien Barri\u00e8re Group has regained its status as an exclusively family-run business, now wholly owned by Joy Desseigne-Barri\u00e8re and Alexandre Barri\u00e8re.<\/p>\n","protected":false},"author":1,"featured_media":117636,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Changes at Barri\u00e8re.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[],"tags":[22994,22973,22533,22419,22599],"class_list":["post-118457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-appointment","tag-china","tag-lvmh","tag-news-en","tag-retail"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=118457"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/117636"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=118457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=118457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=118457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}