France's Accor Its Replaces CEO | wsj.com

The board of French hotels company Accor SA said Wednesday it is replacing its Chief Executive, Gilles Pelisson with Denis Hennequin, CEO of McDonald's Corp. in Europe. Mr. Pelisson, who oversaw the company's split from its vouchers business, spent five years at the helm of Accor, the company behind the Motel6 budget chain in the U.S., Sofitel luxury hotels and the Novotel brand. During his stint as CEO, Mr.