#Activism 9. Carrefour - CEO Paid €41m to Incinerated €5bn

Carrefour's Governance Paradox: Executive Pay Soars while Shareholders Wait for Returns

#1. Shares Have Deeply Underperformed

Under Alexandre Bompard’s leadership, Carrefour has wiped out 38% of shareholder value an outcome the rest of the sector has largely avoided. With a performance gap exceeding 17,000 bps between Carrefour and the best performer since the current CEO's appointment, and significant underperformance versus both retail pe…