Société des Bains de Mer, a prominent company in the Principality of Monaco, is undergoing a significant reorganization. With the recent appointment of a new CEO, Secretary General, and a reshuffling of key roles, the company aims to strengthen its operational functions and continue its prosperous journey.
A New CEO to Lead the Way:
Deputy President Stéphane Valeri announced that the company’s new CEO would assume his role on April 12th. The incoming CEO, with a diverse background encompassing companies like PepsiCo, Davidoff, and Novartis, brings a wealth of experience to the position. His responsibilities will encompass a wide range of operational functions, including gaming, hospitality, restaurants, finance, marketing, digital IT, and human resources. This appointment sets the stage for strategic improvements across the entire organization.
Strengthening Leadership:
Alongside the CEO appointment, other key positions have been filled to further fortify the company’s leadership structure. Virginie Cotta Margossian has been recently appointed as the Secretary General, while Pascal Camia, the current Director of Operations, will now take on the role of Director of International Development. These changes aim to optimize internal processes, enhance interdepartmental coordination, and drive international growth initiatives.
An Ongoing Reorganization:
Société des Bains de Mer is currently in the midst of a comprehensive reorganization effort. In the near future, the company plans to appoint a new Chief Financial Officer (CFO), Chief Marketing Officer (CMO), and Chief Information Officer (CIO). These crucial roles will contribute to the company’s financial management, marketing strategies, and digital infrastructure, respectively. The diligent selection of competent professionals for these positions reflects the organization’s commitment to excellence and adaptability in a rapidly evolving business landscape.
Acknowledging the Legacy:
Deputy Chairman Stéphane Valeri expressed his appreciation for the work of his predecessor, Jean-Luc Biamonti, who retired in January. Valeri, who assumed his new role with pride, highlighted the Société des Bains de Mer’s excellent economic and financial standing. He emphasized the significance of the company, which holds deep familial ties for him, and pledged to continue driving its success and reputation in the Principality.
Société des Bains de Mer’s ongoing reorganization and strategic appointments are set to propel the company to new heights in the Principality of Monaco. With a new CEO at the helm, supported by a strong leadership team, the organization is focused on optimizing operational functions across various sectors. The impending appointments of the CFO, CMO, and CIO will further contribute to the company’s growth and success. As Société des Bains de Mer adapts to the evolving business landscape, it remains committed to upholding its position as a leading economic flagship in the Principality and beyond.