Further to the selection process launched by Carmila’s Board of Directors on 16 June 2020, and following the opinion of the Compensation and Nomination Committee, the extraordinary Board of Directors’ meeting of 2 November 2020 appointed Marie Cheval to succeed Alexandre de Palmas as Chairman and Chief Executive Officer of Carmila with effect from 3 November 2020.

2020 Annual Results
In a year characterised by the health crisis and attendant business restrictions, Carmila’s core business was…