NEWS: London’s High Court Permits Aman Group’s Board to Remove CEO

1 August 2014
Yahoo! Finance

In the latest round of court action regarding the super-luxury hotel chain Aman Group, Mrs Justice Rose sitting in the High Court in London upheld a decision made by the board that their CEO, Mr Adrian Zecha, ceases to be CEO with effect from 1 August 2014.

Mr Zecha is replaced by Mr Olivier Jolivet who takes on the position of Interim CEO.

The replacement of Mr Zecha and the appointment of an interim CEO is something that Aman Group’s majority shareholder, represented by Mr Vladislav Doronin, has been proposing for some time to ensure the future stability of the company.

Original article.

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