“Glory Global Solutions has rolled out pivotal executive shifts at its wholly owned subsidiary Acrelec Group, appointing Diane Palmquist as President and promoting Bruno Lo-Ré to CEO after co-founder Jacques Mangeot’s departure. These changes are geared toward fueling aggressive global expansion in quick-service restaurant technology, leveraging the duo’s extensive expertise to capture emerging market opportunities.”
Glory Global Solutions, a powerhouse in smart automation for retail and hospitality, has implemented strategic leadership adjustments at Acrelec Group to bolster its position in the fast-evolving quick-service restaurant (QSR) tech landscape. The moves come as Acrelec, now fully integrated under Glory following a complete acquisition in late 2025, eyes heightened innovation and market penetration.
Key Leadership Transitions
The restructuring marks the end of an era for Acrelec, with co-founder Jacques Mangeot exiting his positions as President and CEO. Mangeot’s tenure transformed the company from a nascent startup into a formidable player with installations spanning over 120,000 sites in more than 70 countries, serving major QSR brands.
Stepping into the spotlight:
Diane Palmquist assumes the role of President, bringing over 25 years of prowess in global enterprise software. Her track record includes steering Flooid through its 2024 acquisition by Glory and joining Acrelec’s board in mid-2025.
Bruno Lo-Ré advances to Chief Executive Officer, having joined Acrelec in 2016. His prior roles encompassed leading Acrelec France and co-heading Acrelec Americas, where he orchestrated a revenue doubling, profitability turnaround, and key client alliances.
These appointments took effect immediately, signaling a swift pivot toward scalable growth.
Executive Profiles and Vision
Palmquist’s background emphasizes transformative platforms that drive enterprise value. She has championed integrations that enhance customer engagement and operational efficiency, aligning perfectly with Acrelec’s mission to reinvent dining experiences through hardware, software, and services.
Lo-Ré, with a decade at Acrelec, has been instrumental in expanding its footprint, particularly in the Americas. His focus on innovation has secured partnerships that position the company as a go-to for QSR tech solutions.
Together, the pair is expected to accelerate Acrelec’s trajectory, building on its established base to tackle untapped potentials in digital ordering, self-service kiosks, and analytics-driven operations.
Strategic Implications for Glory and the Sector
As Glory’s subsidiary, Acrelec benefits from the parent’s global reach, which spans over 100 countries and employs more than 11,000 professionals. Glory’s century-plus heritage in technology-driven solutions provides a robust backbone for Acrelec’s ambitions.
In the broader QSR market, valued at approximately $250 billion in the U.S. alone with projected annual growth of 5-7% through 2030, these changes could enhance competitive edges. Acrelec’s platforms, which optimize efficiency and boost customer loyalty, stand to gain from refreshed leadership amid rising demand for contactless and AI-enhanced services.
| Executive | New Role | Key Achievements | Tenure/Experience |
|---|---|---|---|
| Diane Palmquist | President, Acrelec Group | Led Flooid acquisition by Glory; Board member since 2025 | 25+ years in enterprise software |
| Bruno Lo-Ré | Chief Executive Officer, Acrelec Group | Doubled Americas revenue; Secured major partnerships | Joined in 2016; Multiple leadership roles |
| Jacques Mangeot | Departed (Former President & CEO) | Grew from startup to global leader | Co-founder |
This overhaul underscores Glory’s commitment to dynamic management in its portfolio, potentially influencing investor sentiment in related tech and hospitality sectors.
Disclaimer: This news report is for informational purposes only and does not constitute investment advice, tips, or endorsements. All information is derived from publicly available sources.
