Carrefour SA announced naming Vivarte SA head Georges Plassat to replace chief executive Lars Olofsson. The company announced that Chairman and Chief Executive Officer Lars Olofsson will not seek renewal of his duties at the next shareholder meeting to be held on June 18. Olofsson will be replaced by Georges Plassat, currently chairman and chief executive officer of French apparel company Vivarte Group. Plassat will join Carrefour on April 2 as chief operating officer for a transition period before being appointed CEO at the end of the shareholder meeting.