Frédéric Jousset Explained

Frédéric Jousset
Birth Date:3 May 1970
Education:HEC Paris
Occupation:Businessperson
Philanthropist
Known For:Co-founder of Webhelp

Frédéric Jousset (born 3 May 1970) is a French entrepreneur and philanthropist. He co-founded Webhelp in 2000 and sold it to Concentrix in 2023 on a $4.8 billion valuation.[1] Patron of the arts, he created the foundation Art Explora and its investing arm ArtNova in 2019.

Early life

Jousset is the son of Marie-Laure Jousset, Chief Curator at Beaubourg, and Hubert Jousset, President of the GEFIP and the École normale de musique. Jousset graduated from HEC in 1992. During his military service, he was second lieutenant for the 6th Marine Infantry Parachute Regiment.

Career

Jousset began his career in 1994 for Kérastase, a division of L'Oréal.[2] In 1998, he founded his first company, Clientis SA, a software publisher for beauty salons. He then joined the American strategy consulting firm Bain & Company where he worked as a strategy consultant.[3] In June 2000, he co-founded Webhelp SA with Olivier Duha, initially offering IT support services and later expanding into operating call centers and outsourcing business services.[4]

In 2014, Jousset obtained a 50-year concession for the Relais de Chambord hotel located in front of the Château de Chambord. He called upon the architect Jean-Michel Wilmotte for the complete renovation. The hotel reopened in March 2018 with 55 rooms, suites, and a gourmet restaurant.[5] Frédéric Jousset bought Beaux Arts Magazine in 2016[6] and Le Quotidien de l'art in 2017.[7] In 2018, the Minister of Culture Françoise Nyssen entrusted him with the steering of the working group linked to the culture pass for young people.[8]

In 2020, he stepped down from his executive position at Webhelp, but remained vice-president of the board.[9] In 2023, he sold Webhelp to Concentrix in a deal that valued his company at $4.8 billion. In 2024, his holding Compagnie Financière Jousset took over the waterproofing manufacturer Smac.[10]

Art patronage

A patron of the Musée du Louvre, Frédéric Jousset became a member of the museum's patronage council, and a member of the Acquisitions Commission of the Musée du Louvre from 2007 to 2014.[11] Through Webhelp, he contributed to the acquisition of Poussin's "The Flight Into Egypt".[12] From 2016 to 2023, he was administrator of the Musée du Louvre by decree of the Minister of Culture.[13]

In 2019, Jousset launched the foundation Art Explora with the goal to open up the world of art to a wider audience. He also launched ArtNova, a 100-million euros fund to invest in the cultural ecosystem, with a special interest in art tech. ArtNova's profits finance the projects and programs of the Art Explora foundation. Jousset's previous investments (Beaux Arts Magazine, Le Quotidien de l'Art, Les Relais de Chambord) were consolidated within ArtNova's portfolio.[14]

In 2021, Jousset announced the construction of a super-large catamaran, the first museum-boat to sail the oceans. A small model of the ship was on exhibit in the France Pavilion during the Expo 2020 in Dubai.[15] The ship - a 47.7-meter wide and 56-meter high catamaran named Art Explorer - was moored in March 2024 in Venice during the 60th Venice Biennale.[16]

The Art Explora & Académie des Beaux-Arts European Prize was launched in 2020 to support innovative cultural programs (150,000 euros awarded annually).[17] Art Explora launched an arts residency program in 2021 in Paris,[18] and financed several mobile museum programs in partnership with the Centre Pompidou in France[19] and the Tate in the UK.[20] In 2023, the foundation inaugurated the Y Hangar, the earliest surviving airship hangar in the world that was transformed into a contemporary art center.[21]

Other roles

Distinctions

In 2012, Jousset was awarded the Mercury of Honour for Business Creation at HEC and, along with Olivier Duha, he was elected Manager of the Year in 2013 by Nouvel Économiste/Financial Times.[28]

References

  1. News: 29 March 2023 . Concentrix looks beyond North America with $4.8 bln deal for Wbhelp . Reuters.
  2. Web site: N'Kaoua . Laurance . 29 June 2016 . Frédéric Jousset, l'art d'entreprendre . 2 March 2020 . Les Echos . fr.
  3. Web site: ENTREPRENEURS PASSIONNES. relationclientmag.fr/. December 2010 . fr. 2 March 2020.
  4. Web site: Frédéric Jousset : "Nous continuons à créer des emplois en France". à 07h00. Le 11 juillet 2010. 11 July 2010. leparisien.fr. fr-FR. 2 March 2020.
  5. Web site: 1 May 2018 . Univers. La renaissance du Relais de Chambord . dead . https://web.archive.org/web/20190802133549/https://www.pointdevue.fr/art-de-vivre/univers-la-renaissance-du-relais-de-chambord_5547.html . 2 August 2019 . 2 March 2020 . Point de Vue . fr.
  6. Web site: 9 May 2016 . Beaux Arts Magazine change de mains . 2 March 2020 . Les Echos . fr.
  7. Web site: 2018-01-25 . Médias : le Quotidien de l'Art change de formule et lance son hebdo . 2024-06-05 . L'ADN . fr-FR.
  8. Web site: 30 June 2018 . Frédéric Jousset, l'homme qui conduit le Pass culture .
  9. Web site: 2020-10-23 . A French Tech Entrepreneur Has Seeded a $119 Million Investment Fund for Startups Expanding Access to Culture . 2024-06-05 . Artnet News . en-US.
  10. (French) Olivier Ubertalli, BTP : le spécialiste de l’étanchéité Smac repasse sous pavillon français, Le Point, 25 April 2024
  11. Web site: 26 July 2012 . Frédéric Jousset ou l'amour de l'art . 2 March 2020 . Les Echos . fr.
  12. Web site: 27 September 2011 . Frédéric Jousset nommé président du conseil d'administration de l'Ecole nationale supérieure des Beaux-Arts . 2 March 2020 . Connaissance des Arts . fr.
  13. Web site: Scanvic . Jeanne . 2023-03-08 . Emmanuel Faber et Eric Lombard nommés au conseil d'administration du musée du Louvre . 2024-06-05 . Espace presse du musée du Louvre . fr-FR.
  14. News: 2020-10-22 . Frédéric Jousset : « Je veux élargir les publics de la culture » . 2024-07-22 . Le Monde.fr . fr.
  15. Web site: 2021-10-21 . French art foundation unveils plans for mobile museum on board a €32m catamaran . 2024-06-05 . The Art Newspaper - International art news and events.
  16. Web site: Dalley . Jan . 2024-03-22 . Philanthropist Frédéric Jousset is improving access to art — by land and by sea . 2024-06-05 . www.ft.com.
  17. Web site: 2020-09-07 . French tech entrepreneur funds new €150,000 award for European cultural institutions focused on 'digital and environmental impact' . 2024-06-05 . The Art Newspaper - International art news and events.
  18. Web site: 2023-10-17 . Art Explora x Cité internationale des Arts Residency 2024 . 2024-07-22 . www.transartists.org . en.
  19. Web site: 2022-10-27 . MuMo x Centre Pompidou: a travelling museum in Centre-Val de Loire . 2024-07-22 . www.culture.gouv.fr . en-GB.
  20. News: Brown . Mark . 2023-02-22 . Fostering curiosity: the Tate brings great art to the people of Merseyside . 2024-05-07 . The Guardian . en-GB . 0261-3077.
  21. Web site: Bureau . Olivier . 2024-03-12 . 160 000 visiteurs et près d'une centaine d'événements : à Meudon, le hangar Y souffle sa première bougie . 2024-06-05 . leparisien.fr . fr-FR.
  22. Web site: Gouvernance HEC Alumni . 2 March 2020 . hecalumni.fr . fr.
  23. Web site: 2021-07-26 . Assemblée générale 2021 . 2024-07-22 . HEC Stories . fr-FR.
  24. Web site: Frédéric Jousset - Nominations au Journal officiel de la République française . 2 March 2020 . jorfsearch.steinertriples.fr.
  25. Web site: Les Grands Donateurs de la Culture . 2024-07-22 . www.culture.gouv.fr . fr-FR.
  26. Web site: Le co-fondateur de Webhelp acquiert Beaux Arts Magazine pour 5 M€. 10 May 2016. Capital Finance. fr. 2 March 2020.
  27. Web site: 1 January 2019 . Décret du 31 décembre 2018 portant promotion et nomination . Legiondhonneur.fr . fr.
  28. Web site: 19 December 2013 . Olivier Duha et Frédéric Jousset,"Managers de l'année" . 2 March 2020 . Le nouvel Economiste . fr-FR.