A new episode of nepotism among the big French companies? This is the rumor that has circulated in recent hours on social networks, several Internet users denouncing the recent appointment of Agathe Monpays at the head of the Leroy Merlin company. According to them, the full name of the new CEO would be Agathe Monpays… Mulliez. As a reminder, the Mulliez family association owns 80% of the capital of Leroy Merlin. Enough to cast doubt on the true motivations for this appointment.
According to La Voix du Nord, the 28-year-old actually has no family ties to the northern family. The newspaper evokes “a confusion” resulting from “several portraits of the young woman that evoke the fact that she has always been in the ‘Mulliez galaxy'” as Le Figaro described her this weekend as “a pure Mulliez product”.
A meteoric rise in just seven years
It’s true that Agathe Monpays has never worked anywhere other than within the Mulliez family-owned group since completing her studies at the Lille-based IESEG Business School. In the last years of her studies, she began her career in the direct marketing department of the Happy Chic ready-to-wear group (Jules, Pimkie) of which the Mulliez family association is the main shareholder.
At the beginning of the 2016 school year, he joined the ranks of Leroy Merlin France within the Adeo group, which is effectively part of the Mulliez family association. He began his rise in the company as a sector manager for the store in the town of La Sentinelle, on the outskirts of Valenciennes. Four years later, he became manager of the Tourcoing store, still in northern France. At the end of September she was involved in strengthening the brand abroad by becoming General Manager in Greece and Cyprus. She will only stay there for a year before her succession to Thomas Bouret as CEO takes effect.
Source: BFM TV
