Augier has served as mayor of the commune of Deauville since 2001 and has previously held a number of roles in the racing industry, and also served on PMU’s board since 2019.
PMU said Augier takes on the presidency at a crucial point in the business’ history, as it emerges from the “unprecedented” health and economic crisis caused by novel coronavirus. With French racing suspended and its retail network shut down, the business was forced to furlough 95% of its workforce.
“I am honoured by the confidence that PMU stakeholders, racing’s governing bodies and the public authorities have in me. The teams at PMU are of the highest quality and I look forward to working with them at a pivotal moment for the business,” Augier said.
“I am aware of the scale of the task at hand and together, we have the will, the energy and the necessary skills to carry it out successfully,” he concluded.
Source: GMB
