Augier became chairman of the PMU board in June 2020 and went on to also take on the role of executive chairman in charge of general management in October of last year.
At a general meeting today (8 July), the PMU board will propose appointing Richard Viel as the new chairman of the board, as well as Emmanuelle Malecaze-Doublet as managing director of the business.
Viel is the former chief executive of French mobile phone, internet service provider and IPTV business Bouygues Telecom, having worked his way up to the role since joining the group in 1998 as director of customer operations.
Malecaze-Doublet has been with PMU since September of 2018, most recently serving as its deputy general manager. Prior to this, she spent nearly six years with McKinsey & Company, where she was an associate partner before leaving to join PMU.
Should Malecaze-Doublet’s appointment be approved as expected, she would become the first woman to serve as managing director of PMU.
“During my term as president of PMU, I have always been keen to continue modernising and contributing to the promotion of PMU, which is a formidable company that is committed, useful and undergoing profound transformation,” Augier said.
“Despite the economic and health crisis that the PMU and the entire horse racing industry have gone through, we have collectively been able to cope.
“I would like to thank Emmanuelle Malecaze-Doublet for her unfailing involvement at my side, in which I have every confidence for the future, and the entire management committee for its commitment.
“I now want to be able to devote myself entirely to my duties as an elected official in Deauville, but also to new personal projects.”