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Adagio has announced the appointment of Marc Lemarchand as chief financial officer (CFO) and member of the executive committee.
A graduate of ESCP, Lemarchand has extensive experience in finance and operations. For around 10 years, he played an active role in the growth of the KFC brand in France, developing expertise in managing networked businesses and structuring financial teams and processes.
He then continued his career as finance director in the market research sector, and later at Domino’s Pizza, during a period of strong growth. More recently, he served as director of operations at Galileo Global Education France.
At Adagio, Lemarchand will be responsible for managing all financial processes, including those of Adagio’s European subsidiaries.
Lemarchand said: “I am delighted to be joining Adagio, a dynamic company perfectly positioned to seize the opportunities of the fast-growing aparthotel market. My goal is to ensure that the Adagio Finance function delivers the highest quality of service to the business – particularly to field teams in France and internationally – and to contribute, as part of the collective effort, to unlocking Adagio’s tremendous potential.”
Xavier Desaulles, CEO of Adagio, added: “We are very pleased to welcome Marc to Adagio. His extensive experience, strong business orientation, and deep understanding of network-based organisations will be key assets in strengthening the connection between Finance and the business during this period of accelerated development.”
Adagio was founded in 2007 as a joint venture between Accor and Pierre and Vacances Centre Parcs and operates 130 locations with 14,815 apartments across 15 countries.
