Nexans Begins Search for New CFO Amid Leadership Changes
Nexans Announces Leadership Changes
Nexans has made a significant announcement regarding its executive team. The company will see the departure of its Deputy Chief Executive Officer and Chief Financial Officer, Jean-Christophe Juillard, in the upcoming months. This change comes as part of Nexans' ongoing strategy to enhance its leadership structure and financial governance. Juillard's departure marks the beginning of a new phase for the company as it seeks to find a suitable successor.
The Impact of Jean-Christophe Juillard's Tenure
During his time at Nexans, Juillard made substantial contributions that led to improved profitability and a stronger financial framework for the company. His expertise has been integral to driving forward Nexans' vision of sustainable value creation. Juillard’s leadership played a pivotal role in accelerating the implementation of key strategies aimed at fostering long-term growth.
Appreciation from Leadership
Christopher Guérin, the Chief Executive Officer of Nexans, expressed his gratitude towards Juillard, highlighting his remarkable dedication and key contributions to the company's transformational journey. Guérin stated, "I would like to warmly thank Jean Christophe for his remarkable commitment and his essential contribution to the transformation of Nexans alongside us. We wish him every success in his future professional endeavors." This sentiment reflects a deep appreciation for Juillard's influence and the positive changes he championed.
Initiation of the Search for a Successor
In light of Juillard's impending departure, Nexans has promptly initiated a comprehensive search for a capable successor. The company is determined to find a high-profile individual who can seamlessly step into the role of Chief Financial Officer. This strategic move is aimed at preserving the positive momentum the company has built and ensuring a smooth transition during this period of change.
Commitment to Financial Governance
Nexans reaffirms its commitment to exemplary financial governance. The company believes that maintaining strong financial oversight is crucial for aligning its strategic ambitions with sustainable growth objectives. Stakeholders can expect further updates regarding the search for a new CFO as the process unfolds.
About Nexans
For more than a century, Nexans has established itself as a critical player in the electrification of the planet. With approximately 28,500 employees in 41 countries, the company is committed to electrifying the future in a safe, sustainable, and decarbonized manner that is accessible to all. In its most recent fiscal year, Nexans reported €7.1 billion in standard sales.
The company excels in the design and manufacturing of cable systems and services across various business segments including PWR-Transmission, PWR-Grid, PWR-Connect, and Industry & Solutions. Additionally, Nexans is recognized as an industry leader committed to climate action and has pledged to achieve net-zero emissions by 2050, aligning its efforts with the Science Based Targets initiative.
Contact Information
For inquiries, Nexans maintains a strong communication network. Interested parties can reach out to:
Audrey Bourgeois
Tel.: +33 (0)1 78 15 00 43
Email: audrey.bourgeois@nexans.com
Mael Evin (Havas Paris)
Tel.: +33 (0)6 44 12 14 91
Email: nexans_h@havas.com
Maellys Leostic
Email: maellys.leostic@nexans.com
Olivier Daban
Email: olivier.daban@nexans.com
Frequently Asked Questions
1. Who is the current CFO of Nexans?
The current CFO is Jean-Christophe Juillard, who will be stepping down in the coming months.
2. Why is Nexans changing its CFO?
The leadership change aims to ensure continued financial governance and effective transition as part of Nexans' long-term strategic objectives.
3. What contributions did Jean-Christophe Juillard make?
Juillard enhanced profitability, strengthened the financial structure, and promoted sustainable value creation strategies within Nexans.
4. When will the new CFO be appointed?
The exact timeline for the appointment of a new CFO has not been disclosed, but updates will be communicated in due course.
5. Where can I find more information about Nexans?
Visit www.nexans.com for more information about the company and its initiatives.
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