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ALBIOMA : Albioma's Board of Directors welcomes Ul

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Post# of 301275
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Posted On: 09/26/2017 1:00:22 PM
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Posted By: News Desk 2018
ALBIOMA : Albioma's Board of Directors welcomes Ulrike Steinhorst who replaces Michèle Remillieux

At its meeting on 19 September 2017, Albioma's Board of Directors decided to co-opt Ulrike Steinhorst as an independent Director and to chair the Nomination and Remuneration Committee. She replaces Michèle Remillieux.

Ulrike Steinhorst dedicates at present most of her time to her non-executive Board memberships of Valeo (where she also chairs the Governance and Remuneration Committee) and Mersen (where she also chairs the Strategy Committee). Aged 65, of German nationality, she started her career in France as an advisor to the French Minister of European Affairs, in charge of relationships with Germany, during the German re-unification process. Between 1990 and 1998, she held different positions at the French utility EDF, both functional and operational. She changed the company and the industrial sector when joining the German chemical group Degussa in Germany in 1999. Head of human resources of one of the 3 Divisions during 2 years, she was appointed head of leadership development at Group level in 2001. She took over the responsibility for the French affiliates of Degussa Group in 2003 and headed also the representative office of the Group in Brussels. From April 2007 to May 2012, Ulrike Steinhorst worked closely with CEO Louis Gallois as his Chief of Staff at the helm of EADS. In June 2012, she joined the Corporate Technical Office as Head of Strategy, Planning and Finance. Her last assignment at Airbus was SVP, Senior Advisor to the Corporate Technical Officer.

Ulrike Steinhorst is a German lawyer (Ass. Iur.) and holds a master in business administration from CPA/HEC. Graduated from the University Paris II Panthéon in public law, she is also a former student of École Nationale d'Administration.

Jacques Pétry, Chairman of the Board of Directors, said " I am pleased to welcome Ulrike Steinhorst as a member of Albioma's Board of Directors. Her knowledge of the industry and of the energy sector, her international profile and her experience in human resources and governance issues will make a major contribution to the quality and depth of our discussions. On behalf of all the Directors, I would like to express my warmest thanks to Michèle Remillieux for her significant contribution to the Board of Directors' work over the past four years."

 

Next on the agenda: revenue figures for the third quarter of the 2016 financial year, on 25 October 2017 (before trading).

 

About Albioma

Albioma is an independent energy producer and world leader in the conversion of biomass into a highly-effective source of energy, in collaboration with its agri-business partners. For more than 20 years, Albioma has operated power plants recovering bagasse, a fibrous by-product of sugar cane, replaced by coal outside the sugar cane harvest. Its unique expertise has enabled Albioma to establish itself as an indispensable partner in the sugar and ethanol industry in the French overseas territories and Mauritius. Albioma is now developing power plants using only biomass, which recover, in addition to bagasse, green waste and wood industry residue. The Group also operates a highly-efficient photovoltaic installation. In 2014, the Group, which already had a presence in mainland France, the French overseas territories and Mauritius, began operating in Brazil, the world's leading sugar cane producer.

For further information, please visit www.albioma.com

Investor contacts

Julien Gauthier +33 (0)1 47 76 67 00

Media contacts - LPM Strategic Communications

Luc Perinet-Marquet lperinet@lpm-corporate.com +33 (0)1 44 50 40 35

Albioma shares are listed on Euronext Paris (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans.

ISIN FR0000060402 - Ticker: ABIO

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...86f5307175



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