Picard has been with the retailer for nearly three decades, with experience all over the globe.

Stefan Picard, current EVP of Commercial Development and Transformation of Lagardère Travel Retail, has been appointed CEO of Lagardère Travel Retail Cambodia.

Picard brings a wealth of experience and a proven track record of success within Lagardère Travel Retail, having held several key positions all over the globe since 1996.

Lagardère Travel Retail noted his deep understanding of its business and unwavering commitment to operational excellence will be instrumental in successfully driving its Cambodian partnerships for the opening of: duty free; fashion;  dining; and travel essentials stores across 6,500sq m of retail space in the new Techo International Airport of Phnom Penh.

Techo is scheduled to open in 2025, with hopes it will become Cambodia’s primary gateway and enhance the nation’s global connectivity. 

Winning the 12-year contract at Techo marked a major milestone in Lagardère’s development within APAC, with its first direct duty free operation in the region.

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