Crypto Founder Joins $6 Billion Family Empire in Succession Play [BNN Bloomberg (Canada)]
SODEXO S/ADR (SDXAY)
NASDAQ:AMEX Investor Relations:
sodexo.com/home/finance.html
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Source: BNN Bloomberg
The French clan's Sodexo SA, in the midst of one of its biggest transformations since its creation in 1966 by the late Pierre Bellon, appointed his 31-year-old grandson Laszlo Szabo to the board of spinoff company Pluxee NV, which went public last month. He's the only one of his generation so far to take on an oversight role within the clan's constellation of companies, providing a clue into how succession planning is reaching into the family's third generation. “We have started training the grandchildren as shareholders through site visits and in strategy,” Sophie Bellon, 62, Sodexo's chief executive officer, said in an interview. “It's important that they know the company.” The Bellon family is worth $6.1 billion, according to the Bloomberg Billionaires Index, and is reshaping its empire since Pierre's death at 92 in 2022 and Sophie's elevation to CEO. Unlike some ultra-wealthy dynasties, the French family has so far avoided any public rifts among the heirs. But the Bellons hav
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