Fabrice Brégier is appointed Chairman of SCOR’s Board of Directors
June 25 2023 - 2:46PM
Fabrice Brégier is appointed Chairman of SCOR’s Board of Directors
Press ReleaseJune 25, 2023 - N° 14
Fabrice Brégier is
appointed Chairmanof SCOR’s Board of
Directors
SCOR’s Board of Directors, which met on June 25,
2023, has unanimously decided to appoint Fabrice Brégier
non-executive Chairman, with immediate effect.
This decision was made on the unanimous
recommendation of the Nomination Committee, at the conclusion of a
demanding and rigorous succession process initiated in spring
2022.
Over the months since the process began, the
Nomination Committee, assisted by the international recruitment
firm Egon Zehnder, has met on numerous occasions to define the
search criteria for the future Chairman, to select first-rate
individuals who could match the expected profile, and finally to
meet the candidates most likely to take the helm of the Board.
The Committee, chaired by Adrien Couret,
ultimately chose Fabrice Brégier, who has been a SCOR director
since 2019 and who, in the Committee’s view, possesses all the
qualities necessary to chair the Board.
The Board of Directors reached its decision
after hearing Adrien Couret’s report and Fabrice Brégier's mission
statement.
The SCOR directors comment:
“The Board of Directors is delighted with the choice of Fabrice
Brégier, who has made a significant contribution to the work of the
Board and its committees since 2019. His wealth of experience at
the head of major international groups and his in-depth knowledge
of corporate governance are solid assets for SCOR, as the Group
gains fresh momentum. He and Thierry Léger will complement each
other perfectly, supporting SCOR’s development at a particularly
favorable time for the reinsurance industry.”
Fabrice Brégier
comments: “I am pleased and honored to have been
entrusted with this important responsibility, as we open a new
chapter in the company’s history. My thoughts are with Denis
Kessler, who did so much to make SCOR a leading global reinsurer.
His memory will compel and drive us to constantly strive for
excellence, a value he held dear. Thierry Léger can count on my
full support in drawing up the roadmap that will give the Group its
new strategic impetus. SCOR is already well placed to seize all
current and future market opportunities.”
Biography
A French citizen born in 1961, Fabrice Brégier
is a graduate of École polytechnique and a Chief Engineer of the
Corps des mines. He began his career in 1986 at the Ministry of
Industry and Trade, before being appointed Sub-Director at the
Ministry of Agriculture (Directorate-General for Food) in 1989.
After serving as an Advisor to several French Ministers from 1991
to 1993, Fabrice Brégier joined Matra Défense and became Chief
Executive Officer of MBD/MBDA in 1998. He was then Chairman and
Chief Executive Officer of Eurocopter from 2003 to 2006, before
joining Airbus (commercial aircraft) as COO at the end of 2006 and
then serving as Chief Executive Officer from 2012 to 2018. Fabrice
Brégier has been Chairman of Palantir France since October 2018. He
joined SCOR’s Board of Directors in 2019.
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Contact details
Media RelationsAlexandre
Garciamedia@scor.com
Investor RelationsYves
Cormier ycormier@scor.com
www.scor.com
LinkedIn: SCOR |
Twitter: @SCOR_SE
SCOR, a Global Tier 1
Reinsurer
SCOR, a leading global reinsurer, offers its
clients a diversified and innovative range of reinsurance and
insurance solutions and services to control and manage risk.
Applying “The Art & Science of Risk”, SCOR uses its
industry-recognized expertise and cutting-edge financial solutions
to serve its clients and contribute to the welfare and resilience
of society.
SCOR offers its clients a Tier 1 reinsurer
rating from Standard & Poor’s, AM Best, Moody’s and Fitch.
The Group generated premiums of EUR 19.7 billion
in 2022 and serves clients in more than 160 countries from its 35
offices worldwide.
For more information, visit: www.scor.com
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