Rhône Media with new president
The publisher of the Valais daily newspaper Le Nouvelliste has a new Chairman of the Board of Directors: Hildebrand de Riedmatten takes office under difficult circumstances.
The publisher of the Valais daily newspaper Le Nouvelliste has a new Chairman of the Board of Directors: Hildebrand de Riedmatten takes office under difficult circumstances. At the last meeting of the Board of Directors of Rhône Media, two minority shareholders came to blows. Although the two camps are bound by a shareholders' agreement and hold more than 60 percent of the votes, as SDA writes in a press release, they had fundamental strategic differences. In order to break the mutual deadlock, four members of the Board of Directors decided not to stand for re-election. Among them was the previous Chairman of the Board of Directors, Jean-Marie Fournier - who changed his mind at the last second, whereupon the third major shareholder, Edipresse, refused to vote for him (see
). After the AGM, only four people remained on the Board of Directors, including the now elected de Riedmatten. As he told SDA on request, he now wants to repair the relationship and personal meetings with the most important shareholders are planned.
). After the AGM, only four people remained on the Board of Directors, including the now elected de Riedmatten. As he told SDA on request, he now wants to repair the relationship and personal meetings with the most important shareholders are planned.
