LBO has appointed Stéphanie Casciola, Head of Real Estate team, and Jacques Franchi, Head of Portfolio Management team, as Members of the Executive Board, and Jacques Franchi as Chief Investment Officer, in charge of overall investment procedures.
Casciola and Franchi are joining Robert Daussun (pictured), CEO, Marie-Astrid Auriol and Gilles Taldu, on the Executive Board of LBO France, which will now be composed of five members. This evolution is an illustration of LBO France’s ambition to put its Real Estate business firmly at the core of its development strategy, with the appointment of Casciola, while also giving a central role to risk management and the monitoring of investment procedures, as shown by the appointment of Franchi.
In parallel, LBO France’s investment teams will be strengthened:
Louis-Roch Burgard will join the LBO Mid-Cap White Knight team from September 1st as Managing Director. He will bring his 15 years of operational experience from his time at Vinci, where he held general management positions for national and international businesses, to his new role. LBurgard, 46, graduated from ESCP Business School, ENA and was a Senior French Civil Servant within the Economy Ministry (“Inspecteur des Finances”).
Dominique Dudan joins LBO France as Senior Advisor within the Real Estate business, led by Casciola. With more than 30 years of experience in real estate and in the hotel sector, Dudan represents a valuable new asset in the context of LBO France’s development strategy for its real estate funds.
Daussun says: “This evolution of our organisation is testament to the excellence of our team members and demonstrates our ability to attract talented professionals. For more than 5 years now, we have enhanced the efficiency of our governance structure, firstly by setting up an Executive Committee responsible for preparing and clarifying the decisions taken by the Board, and today by expanding the Board to five members. We have also improved our value creation processes by putting in place teams to monitor the health of portfolio companies and to develop their operational performance. We intend to continue such initiatives in the coming years.”
