By  on October 20, 2011

PARIS — Activist investor group Knight Vinke Asset Management LLC has called for a change in the management structure of Carrefour SA, days after the troubled French retailer issued the latest in a string of profit warnings.

In an open letter to the company’s board, shareholders and employees, founder Eric Knight cited “serious governance issues” at Carrefour and advocated splitting the roles of chairman and chief executive officer, which Lars Olofsson has been holding concurrently since June.

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