June 19, 2025
Lagardère Travel Retail has named Frédéric Chevalier as CEO, alongside current Chairman and CEO Dag Rasmussen, effective July 1.
Chevalier joined Lagardère Travel Retail in 2006 and has been Deputy CEO since July 2024.
In his new role, he will work alongside Rasmussen and oversee the company’s worldwide operations, with all executive committee members reporting directly to him.
Lagardère Travel Retail says that over the past decade, its revenue has almost tripled. Sales rose 16% in 2024.
Over the past year, the company has strengthened its European footprint with contracts in Frankfurt, Hamburg, Belfast and Nice, and became joint venture partner to operate duty free at Amsterdam Airport Schiphol.