New director of strategy and development at Galeries Lafayette

What: Motier, the family holding company managing Galeries Lafayette and La Redoute, has appointed Carole Ferrand as the new Director of Strategy and Development.

Why it is important: This appointment signifies a strategic shift within Motier, as the company aims to enhance its strategic vision and explore new growth opportunities under Ferrand's leadership, leveraging her extensive experience in management, finance, and mergers and acquisitions.

Motier, the holding company of Galeries Lafayette and La Redoute, has appointed Carole Ferrand as the Director of Strategy and Development, a newly created position. Ferrand brings over 30 years of experience in management, finance, and mergers and acquisitions, having held significant roles at PricewaterhouseCoopers, Sony France, EuropaCorp, and Capgemini. Her mission at Motier includes defining and deploying the company's strategic vision, managing portfolio investments dynamically, and identifying new growth and development opportunities. This appointment follows a recent change in governance at Motier, with Philippe Houzé taking over the presidency from Ginette Moulin. Motier Ventures, part of the holding, continues to invest in tech startups, indicating a broader strategic focus on innovation and growth.