Press release

Paris, May 15, 2014 – The Board met this day under the Chairmanship of Frédéric Vincent.

Pursuant to the Chairman’s proposal, the Board decided to split the duties of Chairman of the Board and Chief Executive Officer, with Frédéric Vincent as Chairman and Arnaud Poupart-Lafarge as CEO. This change will take effect following the Board meeting to be held at the end of September 2014.
 

This decision has been made at the request of Frédéric Vincent, and following a recommendation from the Appointments, Compensation and Corporate Governance Committee. This organization will allow the Company and Group Management to focus even more on its strategic priorities and implement the 2013-2015 strategic plan in the best possible conditions. It fits into the context of the Group’s transformation. In this configuration, with Frédéric Vincent as Chairman and Arnaud Poupart-Lafarge as Chief Executive Officer, the dissociated governance will ensure the necessary continuity.
 

Nexans confirms having received a request by Invexans, a Quiñenco subsidiary, to terminate their agreement dated March 27, 2011, as modified by amendment November 26, 2012. Quiñenco requested their proposal to be examined by the Board at today’s meeting.
 

The Board decided to examine this request and take its decision within 8 days.
 

Din kontakt

Angéline Afanoukoe Press relations
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 sikrer tilgangen til energi gennem sit store og varierede udbud af kabler og kabelløsninger, som forbedrer vores kunders aktiviteter og resultater verden over. Nexans’ ambition er at være en samarbejdspartner, og en støtte for kunderne inden for fire hovedforretningsområder: elektrisk transmission og distribution (til havs og på land), energiressourcer (olie og gas, minedrift og vedvarende energikilder), transporter (veje, jernbaner, fly og skibe) samt installation (kommercielle bygninger, boliger og datacentraler). Nexans’ strategi bygger på en løbende innovation af produkter, løsninger og tjenester, kompetenceudvikling for medarbejdere, uddannelse af kunder og introduktion af sikre industriprocesser med mindst mulige miljøpåvirkning. I 2013 blev Nexans den første virksomhed i kabelindustrien, der oprettede en fond til fremme af langsigtede projekter, som giver udsatte samfund rundt om i verden tilgang til energi. Med en industriel tilstedeværelse i over 40 lande og salgskontorer over hele verden havde Nexans 26.000 medarbejdere og en omsætning på cirka 6,7 milliarder euro i 2013. Nexans er børsnoteret på NYSE Euronext Paris, afdeling A. For mere information besøg www.nexans.com

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