Le Nouvelliste: Major shareholder of Rhône Média becomes president

Jacques Lathion, shareholder of the Rhône-Média Group, becomes President of Editions du Nouvelliste, the publisher of the Valais daily newspaper Le Nouvelliste. He takes over from Jean-Marie Fournier. The latter is also a major shareholder in the Rhône-Média Group. The Board of Directors of the publishing house now has just three members instead of four: in addition to Lathion, Fournier and Antonin Gross are still on the Board. Two members, including Rhône-Média President Hildebrand de Riedmatten, did not wish to take on a new position, as the company announced on Monday.
Le Nouvelliste is majority-owned by the Rhône-Média holding company. Following the purchase of several share packages, Lathion now holds around 30 percent of the shares. A total of 60 percent of the shares are in Valaisan hands, 37.5 percent belong to Edipresse.