Oxylane announces change at the top

04/03/2014
Parent company of sports group Decathlon, Oxylane, has announced that Yves Claude will step down as chief executive at the start of next year.

Mr Claude has spent 13 years in the role and is reported to have multiplied Oxylane’s results by 250% in the last ten years and to have increased its business outside France by seven times.

The company has named Michel Aballea, the current head of its business in India, as his successor.