The 44-year director has been appointed vice-chairman executive officer, “thereby making him second-in-command of the group”, it said.
This is in line with the senior Saade’s desire for Rodolphe to succeed him “when the time comes.”
The company said the changes were made to “reaffirm the family dimension of the group.”
Farid Salem will stay as executive officer, while Jacques Saade’s daughter Tanya Saade Zeenny also becomes an executive officer in charge of communication, accounts, marketing, administration and institutional relations.
CMA
