Chair of Nexans’ Board of Directors

Paris, February 17, 2016

 

During the Board of Directors meeting on February 17th 2016, Frédéric Vincent announced his decision to end his term as Chairman of the company and as director effective 31st March 2016 and to retire.

The Board of Directors appointed Georges Chodron de Courcel as non-Executive Chairman of the Board of Directors, effective upon Frédéric Vincent’s departure.

Georges Chodron de CourcelGeorges Chodron de Courcel will bring to the position his knowledge of the industrial world, acquired during his many directorships of large French and foreign groups, and his experience as a Senior business executive.

With this nomination, Nexans’ Board of Directors confirms its choice of a governance model separating executive responsibilities and supervision, in compliance with the code Afep Medef.

The nomination of Georges Chodron de Courcel corresponds with the Board’s desire to ensure stability for the company during the ongoing phase of operational recovery, under the direction of Arnaud Poupart-Lafarge, Chief Executive Officer, and to install complementarity in the corporate governance.

Cyrille Duval shall replace Georges Chodron de Courcel as Chairman of the Audit and Accounts Committee.

The Board of Directors thanked Frédéric Vincent for his strong personal and professional implication since the creation of Nexans. He assumed the responsibility for operational management during a particularly difficult economic period.  The Board of Directors expressed its appreciation for Frédéric Vincent’s decisive participation in putting in place the new disassociated governance of the Group and for his very positive role alongside the Chief Executive Officer for over 16 months.

Frédéric Vincent advised the Board of his decision to give up his rights under the Long Term Incentive Plans. The Board of Directors thanked Frédéric Vincent for this initiative. The Board of Directors decided not to activate the non-compete obligation and therefore not pay him the corresponding indemnity. The termination indemnity linked to his chairmanship will not be paid. Frédéric Vincent will therefore benefit solely from his pension rights. He started his career within the Alcatel Group 30 years ago, and continued with Nexans, since the creation of the Group 15 years ago.

Din kontakt

Angéline Afanoukoe Communication
Telefon +33 1 78 15 04 67
Angeline.afanoukoe@nexans.com
Michel Gédéon Investor Relations
Telefon +33 1 78 15 05 41
Michel.Gedeon@nexans.com

Om Nexans

Nexans tilfører verden energi gjennom et omfattende utvalg av kabler og kablingsløsninger som gir økt ytelse for kunder over hele verden.

Nexans' ansatte bruker en tilnærming som er basert på partnersamarbeid, og som støtter kunder innenfor fire sentrale forretningsområder: kraftoverføring og -distribusjon (sjø og land), kraftressurser (olje og gass, gruvedrift og fornybar energi), transport (veg-, jernbane-, luft- og sjøtransport) og bygg (næringsbygg, boliger og datasentre).

Nexans' strategi er basert på løpende innovasjon innenfor produkter, løsninger og tjenester, personalutvikling, kundeopplæring og lansering av trygge industriprosesser med minst mulig miljøpåvirkning. I 2013 opprettet Nexans – som første kabelaktør – en stiftelse for å iverksette bærekraftige tiltak som gir underprivilegerte lokalsamfunn over hele verden tilgang til kraft.

Nexans er et aktivt medlem av Europacable, en europeisk Association of Wire & Cable produsenter, og har signert på Europacable Industry Charter. Charteret uttrykker medlemmenes engasjement for prinsipper og mål for utvikling av etiske, bærekraftige og høykvalitets kabler.

Vi driver kommersiell virksomhet over hele verden, har produksjon i 40 land, sysselsetter nærmere 26 000 medarbeidere og hadde en omsetning på nesten 6,4 milliarder euro i 2014. Selskapet er notert på børsen i Paris. Du finner flere opplysninger på:

http://www.nexans.com/