Spir’s management shift signals possible new strategy for Sipa

04 Sep 2009

French media company Spir Communication's board of directors has named Louis Echelard as new president and CEO of the group to replace Patrick Leleu. What is important in this change is that Echelard is (and will remain) CEO of Sipa /Ouest France, the main shareholder of Spir. Market analysts predict that this might announce a major change in Sipa strategy regarding its historically very profit

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Jim Townsend