January 07, 2020 8:00 AM

Following the judgment of the Marseilles Commercial Court authorizing the disposal of BOURBON Corporation's assets to Société Phocéenne de Participations (SPP), Gaël Bodénès submitted his resignation from his position as Chief Executive Officer to Jacques de Chateauvieux, Executive Chairman and to the Board of Directors of BOURBON Corporation SA, on December 31, 2019, effective the same day.

Jacques de Chateauvieux will continue to be responsible for the company's general management.

Gaël Bodénès becomes Chairman of BOURBON Maritime and retains his other functions within the group.

NB : As a reminder, all of the assets and activities of Bourbon Corporation were sold on january 10, 2020, to Societé Phocéenne de Participations (SPP), which became the new shareholder of Bourbon Maritime and owner of the BOURBON brands. For more information regarding Bourbon Corporation company : http://bourboncorporation.com/