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AFP CEO Emmanuel Hoog to step down

AFP  |  Paris 

AFP's announced Wednesday that he was withdrawing his bid for another five-year term at the of the agency after failing to secure government support.

"I was made aware this morning that my candidacy did not have the necessary and crucial support of the state, as has been the case since 2010," Hoog said in his letter to the company board which was emailed to staff.

"With regret, I am withdrawing my candidacy," the 55-year-old said.

The board had been due to interview Hoog on Wednesday alongside a rival candidate for the top job, Fabrice Fries, former of company

The interview with Fries has gone ahead, despite calls for a delay from some board members.

Fries, 58, led the consultancy until 2016 and was previously a top at French group and firm after studying at Berkeley and in the US and France's elite

To secure the role, he must obtain 13 out of 18 votes on the board, which includes representatives of the French press, government and staff.

grew out of Agence Havas, the world's first agency, founded by in 1835.

Today it counts some 2,300 staff including 1,500 journalists, covering 151 countries around the world, as well as serving as France's national agency.

It is supported financially by the French state, but its editorial independence is guaranteed by an act of parliament.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 22:35 IST