Accor to face angry shareholders after CEO ouster

Accor to face angry shareholders after CEO ouster By Dominique Vidalon and Cyril Altmeyer PARIS (Reuters) - Accor will face investor and union anger over the influence of the hotel group's activist shareholders at its annual meeting on Thursday, two days after it bowed to pressure from them to sack its chairman and chief executive. Europe's largest hotel group ousted Denis Hennequin on Tuesday and replaced him with a transition team - which includes Sebastien Bazin, the head of one activist investor, Colony Europe - in a disagreement over how quickly he was selling off assets to boost returns. ...

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