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Showroomprivé: rumors of CEO departure denied

(CercleFinance.com) - On Monday Showroomprivé denied rumors that its Managing Director, François de Castelnau, might be stepping down.


He is fully committed to working alongside David Dayan and all the teams he has been supporting for over five years, the events sales specialist said in short.

According to press reports, François de Castelnau has been approached to relaunch the financially troubled Gifi chain, after the creditor banks decided to remove the chain's founder, Philippe Ginestet, from his operational functions.

Showroomprivé shares, listed on the Paris Bourse, rose by 3.7% on Monday morning in the wake of this denial - after hitting new lows last week since the summer of 2020.


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