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Rexel Board Releases Deputy CEO Catherine Guillouard

Rexel Board Releases Deputy CEO Catherine Guillouard

The Board of Directors of Rexel decided to put an end to Catherine Guillouard’s functions as Deputy Chief Executive Officer, effective February 20, 2017.

The decision follows a divergence of views over the implementation of Rexel’s new strategic direction that was presented at the Capital Markets Day on February 13, 2017.

Catherine Guillouard will not be replaced as Deputy Chief Executive Officer.

The new Group Chief Financial officer will be appointed in the coming weeks.

In the meantime, Grégoire Bertrand, who is currently CFO Europe, will act as Group Chief Financial Officer on an interim basis.

Ian Meakins, non-executive Chairman of the Board of Rexel, declared: “On behalf of the entire Board of Directors, I would like to thank Catherine Guillouard for her strong contribution to the development of Rexel since 2013, notably the strengthening of the Group’s  financial structure. We wish her well in her future endeavors.”

 

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