Germond to Keep His Position in PMU

Apr 12, 2012
Germond to Keep His Position in PMU
Another four years as CEO for experienced professional An announcement came this week from French operator Pari Mutuel Urbain (PMU) informing interested parties that it has reappointed Philippe Germond to the position of chief executive officer for another four years. The PMU's General assembly decided on Germond's reelection, which was also supported by the French horse racing authority France Galop and the Société d'Encouragement a l'Elevage du Cheval Français. Germond commented on his reappointment, saying: "The confidence members of the General Assembly have placed in me will allow us to continue and accelerate PMU's growth for the next four years, both locally and Internationally. I know I can count on the mobilization and talent of the PMU team to carry out this mission." In addition, the company's deputy chief executive officer, Xaviar Hürstel, was re-elected on Germond's request.
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