Mr Danon had been with the company for less than a year, but he is credited with leading the turnaround in its ailing North American business.
According to a report in Le Monde, Accor’s supervisory board was planning to give Mr Danon the position, but the appointment was scuttled by Accor cofounder and board chairman Gerard Pelisson.
Sources told Le Monde that Mr Pelisson, who wanted to ensure his nephew became CEO, called Capgemini’s chairman to snitch on Mr Danon.
In Friday’s release, which came out after the Paris exchange closed, Capgemini bluntly stated that the necessary conditions to maintain his leadership position in the group could no longer be met, in spite of the wish expressed by Mr Pierre Danon to continue his work in the group. As a consequence, it has been decided to bring to an end his functions as of today.
The company also said it had no plans to replace Mr Danon in the coming months.
As rumors of Mr Danon’s departure circulated, analysts warned that his leaving could negatively impact the company’s North American turnaround and Capgemini’s stock price. While at the company, Mr Danon replaced 80% of its North American top management.
Before coming to Capgemini, Mr Danon served as chief executive of BT Retail.
