Macron's Very Un-French Business Revolution
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2024
0mins
Source: Bloomberg
- French Capitalism Shake-Up:
- Around half of France's top 40 blue-chip firms have replaced their CEOs since 2019, with more international leaders taking charge.
- Foreign CEOs, though only 18% of top French firms, are proving capable of delivering success in a de-globalizing world.
- Macron's reforms at École Nationale d'Administration signal a shift away from traditional elitism in executive roles.
- Younger entrepreneurial outsiders are seizing opportunities in struggling corporate champions like Atos and Casino Guichard Perrachon SA.
- More women CEOs are emerging in France, but there are still signs of a glass ceiling for rising stars.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
