YPO, the global leadership community of more than 28,000 chief executives in 142 countries, announced that Xavier Mufraggi, a member of its YPO Paris Chapter, has been appointed Chief Executive Officer, effective 1 December 2020. Mufraggi, the first non-U.S. born CEO of the noted organization of young leaders, joins YPO from Club Med, the global leader in luxury all-inclusive vacations.
With Club Med, an international subsidiary of Fosun Tourism Group, for the past 15 years, Mufraggi was most recently the President and CEO of Club Med Europe, Middle East, Africa Markets (EMEA), a region delivering more than USD1B revenue per year. He previously held the position of CEO for North America and the Caribbean. Under his leadership, this division emerged as a sustainable and profitable business unit, and he succeeded in digitally transforming and repositioning the brand into an upscale family vacation destination.
“I am very enthusiastic about Xavier as our new CEO to lead YPO into the future,” said Anastasios (Tassos) Economou, 2020-2021 YPO Global Chairman. “Not only am I looking forward to working very closely with Xavier but to making a new friend, in the unique way we make connections amongst peers in YPO.”
Mufraggi began his career at Kraft Foods Europe in marketing, commercial, and product development. He is a graduate of EDHEC Business School, one of the top business programs in Europe, and holds a master’s degree in business management.
Mufraggi is also a board member of MUFRAGGI Matériaux, a construction tools and materials business created by his grandfather, and a French Foreign Trade Advisor.
Mufraggi is succeeding Scott Mordell in the position. Mordell has been YPO’s longest-serving Chief Executive Officer, in the role since 2011 and an active YPO member since 1995. He announced in December 2019 that he would be departing at the end of this year.