(L-R): Marie-Hélène Massard and Marc Lauer.;
Credit: foyer SA
On Tuesday 15 April 2025, Foyer SA held its Annual General Meeting, during which it approved the 2024 annual accounts and announced the appointment of Marc Lauer as Chairman of the Board of Directors, and Marie-Hélène Massard as Managing Director and CEO.
In a press release, Foyer SA announced that after 21 years of service within the Group, including eleven as Managing Director, Marc Lauer had stepped down from his executive role and was appointed Chairman of the Board. The insurance company added “his unwavering commitment and pivotal role in transforming and developing the Group over the past two decades were recognised with deep appreciation by the entire Board”. Marc Lauer succeeds Eric Kleynen, Chairman since 2023 and Board member since 2021, whom the Board thanked for his dedication.
As part of a transition initiated in early 2024, Marie-Hélène Massard takes over as Managing Director and CEO of the Group. She is expected to be responsible for continuing the development of Foyer SA in an evolving environment.
Alongside these changes, the Board also acknowledged the departure of Romain Becker, a member since 2000, and expressed its appreciation for his active and committed contribution, while welcoming the appointment of Antonio Caño and Hugo Lasat as new Board members.
Marc Lauer, Chairman of the Board of Foyer SA, said: “It has been the experience of a lifetime. Since 2004, Foyer has seen remarkable growth, but above all, we have preserved what makes us strong: a solid corporate culture founded on strong values. I am proud and pleased to hand over to Marie- Hélène and I am confident she will take the Group even further.”
Marie-Hélène Massard, Managing Director and CEO of Foyer SA added: “It is an honour to succeed Marc, who has left a lasting, rich and inspiring mark on Foyer’s history. Since joining the company, I’ve come to see how unique Foyer is – driven by human values, long-term vision and a strong entrepreneurial spirit. With the teams, I am determined to continue the development he initiated, while staying true to what defines the Group’s strength and identity.”
Foyer SA confirmed that shareholders also approved its 2024 financial statements. In a context marked by high market volatility, persistent geopolitical tensions, and structural challenges for the sector, the Group reported stable results, reflecting its resilience and adaptability. Revenue, established according to Luxembourg accounting standards, amounted to €3,493.2 million, nearly 70% of which was generated through the freedom to provide services regime, in more volatile, lower-margin markets. Excluding this technical impact, growth reached +7.7%. Consolidated profit after tax totalled €155.4 million, in line with the previous year. Shareholders’ equity remains strong, supporting the Group’s resilience.
Foyer’s shareholders, Board of Directors, employees and agents reaffirmed their confidence in the Group’s future, guided by long-term vision, disciplined management and an entrepreneurial spirit.
