Fewer investors, more retail experts at Carrefour

The scope of Carrefour’s shareholders changed in January 2017, as the largest shareholder is now the Moulin family, owner of the Galeries Lafayette department stores. The family now controls 11.5% of Carrefour’s shares and 15.5% of the voting rights and are represented on the Board by Philippe Houzé, the son-in-law of Ginette Moulin, whose father created the Galeries Lafayette department stores.

Blue Partners, the investment vehicle of the U.S. investor Colony Capital, sold all of their...