Alexandre Bompard Explained

Alexandre Bompard
Birth Name:Alexandre Joubert-Bompard
Birth Date:4 October 1972
Birth Place:Saint-Étienne, France
Education:Sciences Po, ÉNA
Occupation:Businessman
Chairman and CEO, Carrefour
Term:July 2017-
Predecessor:Georges Plassat
Boards:Fnac
Spouse:Charlotte Bompard
Children:3 daughters

Alexandre Bompard (born 4 October 1972) is a French businessman. He became CEO of the retail chain Fnac in 2011. Since July 2017, he has also been chairman and CEO of Carrefour.

Early life

Alexandre Bompard was born on 4 October 1972 in Saint-Étienne, France.[1] [2] As the son of Alain Bompard, a businessman and president of the AS Saint-Étienne football club from 1997 to 2003, he was exposed to the business world at a young age.[3]

He earned degrees from two Parisian institutions: the Paris Institute of Political Studies and the National School of Administration (Cyrano de Bergerac class).[4]

Career

After graduation he joined the Inspection Générale des Finances. There, he served as a junior inspector until 1999 before being promoted to finance inspector in 2002. After serving as a project manager for the chief director of the Inspection Générale des Finances, he became a technical advisor to François Fillon, then Minister of Social Affairs, Labour and Solidarity in 2003.[5]

He joined French broadcaster Canal+ in 2004 as the chief of staff for the group's president, Bertrand Meheut, and in June 2005, was appointed director of the sports department.[6]

In 2008, he joined Europe 1 as the radio station's chairman and CEO.[7]

In November 2010, he became CEO of French retail chain Fnac.[8] In 2013, Bompard was in charge of listing the company and splitting Fnac from Kering,[9] allowing the holding company to focus on luxury brands,[10] while aiming to create growth autonomously.[11]

Bompard joined Carrefour as CEO in July 2017. In January 2018, he announced a strategic plan for the company, entitled "Carrefour 2022", with ambitions to make Carrefour the "leader of the food transition for all". The plan includes measures for better food and package sustainability, limitation of food waste, development of bioproducts, e-commerce partnerships, two billion euros in annual investments from 2018 as well as organisational and cost reduction measures.[12] [13]

In the context of the COVID-19 pandemic, Bompard granted 85,000 employees at work and exposed in France a bonus of €1,000,[14] and waived 25% of his fixed salary for a period of two months.[15]

Bompard and all of Carrefour's board of directors decided to waive 25% of their director's fees until the end of 2020, to finance solidarity actions for the company.

Personal life

He is married to Charlotte Caubel, the vice president of Bobigny's High Court, and they have three daughters.[2]

Notes and References

  1. Web site: Alexandre Bompard . LSA-Conso . March 3, 2018.
  2. Web site: Who Is Alexandre Bompard? An Explainer - ESM Magazine. ESM. Magazine. 9 June 2017 . 2 July 2018.
  3. http://www.europeanceo.com/profiles/2011/09/alexandre-bompard/ Profiles
  4. https://archive.today/20130710180730/http://investing.businessweek.com/research/stocks/people/person.asp?personId=46998941&ticker=KER:FP Alexandre Bompard’s Background
  5. http://www.thebookseller.com/news/bompard-become-fnac-chairman-and-ceo.html Bompard to become Fnac chairman and ceo
  6. http://www.billboard.com/biz/articles/news/retail/1197092/alexandre-bompard-to-head-fnac Alexandre Bompard To Head Fnac
  7. https://web.archive.org/web/20140820022104/http://www.reuters.com/article/2010/11/24/idUS87692+24-Nov-2010+HUG20101124 PPR: Alexandre Bompard Appointed Chairman and CEO of FNAC
  8. http://www.wwd.com/business-news/human-resources/ppr-names-bompard-head-of-fnac-retail-chain-3390124 PPR Names Bompard Head Of Fnac Retail Chain
  9. http://www.ft.com/intl/cms/s/0/6b9f1f7a-d682-11e2-9214-00144feab7de.html#axzz2YenJHiHb Luxury goods group PPR to spin off Fnac books chain
  10. https://www.reuters.com/article/fnac-forecast-idUSL5N0EF0MN20130603 PPR's Fnac sees stable operating margin by 2016-report
  11. http://m.foxbusiness.com/quickPage.html?page=34721&content=81425133&pageNum=-1 PPR Confirms Plan to Spin Off, List Fnac Unit
  12. Web site: French Retailer Carrefour Set To Start Fresh Consumer Revolution Using Bricks, Clicks and Block chain . Forbes . 2017-06-23.
  13. Web site: Presentation of the transformation plan "Carrefour 2022" . Carrefour.com . 2017-06-23 . 2018-06-20 . https://web.archive.org/web/20180620153341/http://www.carrefour.com/sites/default/files/carrefour_2022_-_transcript_of_the_speech_of_alexandre_bompard.pdf . dead.
  14. Q1 2020 Sales: Carrefour Mobilized to Respond to Strong Customer Demand in the Face of the COVID-19 Crisis . businesswire.com. 28 April 2020 . 2020-05-13.
  15. Web site: Compensation of Carrefour Group executives in the context of the covid-19 pandemic . Carrefour.com . 2020-05-13.