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International news agency AFP on Wednesday launched a process to appoint a chief executive for the next five years, while forecasting a turnover rise for 2018. The agency's board of directors approved a 2018 budget which will rely on turnover growing nearly 2.5 percent compared with last year, Agence France-Presse said in a statement.
This follows a 2017 stimulus plan that helped turnover grow 0.5 percent last year and saw a net gain of 250 clients. The French company says it aims to gain another 1,000 clients by 2021.
AFP has also begun its search for a chief executive to head the agency for the next five years from April. Current CEO Emmanuel Hoog, who has been at the helm for eight years, has yet to say if he will seek to stay on when his term expires in the spring.

Copyright Reuters, 2018

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