WENDEL: Laurent Mignon is appointed Group CEO, effective at the latest on January 1st, 2023
September 17 2022 - 12:30PM
WENDEL: Laurent Mignon is appointed Group CEO, effective at the
latest on January 1st, 2023
PRESS RELEASE — SEPTEMBER 17, 2022
Laurent Mignon is appointed Group
CEO,
effective at the latest on January 1st,
2023
On September 2022, the Supervisory Board of
Wendel, chaired by Nicolas ver Hulst, appointed Laurent Mignon
Member of the Executive Board and Group CEO of Wendel with effect
on January 1st, 2023, at the latest. He will succeed André
François-Poncet, Wendel’s current Group CEO, who will remain in
this function until Laurent Mignon joins Wendel, at which point in
time, Wendel’s Executive Board will then be made of Laurent Mignon,
Group CEO, and David Darmon, Deputy Group CEO and Member of the
Executive Board since 2019.
Nicolas ver Hulst, Chairman of Wendel’s
Supervisory Board, said: “On behalf of the Supervisory Board, I am
extremely pleased that Laurent Mignon is joining us to become Group
CEO of Wendel. Laurent has held a number of leaderships positions
in the financial industry, and he brings a wealth of experience.
Throughout his career, he has been instrumental in transforming the
companies he has run, focusing on creating value for the long term.
Laurent shares Wendel’s values and displays all the
qualities—personal and professional—to open a new chapter in our
long history. He will partner with David Darmon and lead Wendel’s
talented teams.
On behalf of the entire Supervisory Board, I
would like to pay tribute to André’s remarkable achievements as
Wendel Group CEO since January 2018. André has perfectly executed
the mission he was given, and this in spite of difficult business
environment with Covid19 followed by the current war in Ukraine. He
leaves Wendel in order, with a simplified portfolio, a good
financial standing, and a recognized ESG performance. We would like
to thank him for all he has accomplished, and also for contributing
to today’s transition.”
Laurent Mignon said: “I am proud and happy to
join Wendel and its teams, and I would like to thank Nicolas ver
Hulst and all the members of the Supervisory Board. I am honored by
the trust they have placed in me by appointing me Group CEO. They
can count on my commitment to develop Wendel while respecting its
history and values, in the interest of all its shareholder.”
Biography
Laurent Mignon has been CEO of Groupe BPCE since
June 1, 2018. He is also Chairman of the Board of Directors of
Natixis and a director of CNP Assurances. In addition to his duties
within Groupe BPCE, he sits on the Board of Directors of Arkema and
the AROP (a not-for-profit association promoting the Paris National
Opera) and as a censor of Oddo BHF and Fimalac boards.
After graduating from HEC in 1986 and from the
Stanford Executive Program, Laurent Mignon worked for Banque
Indosuez for over 10 years, initially in capital markets, then in
corporate & investment banking. In 1996, he joined Banque
Schroders in London, then AGF (Assurances Générales de France) in
1997 as Chief Financial Officer. He was appointed to the AGF
Executive Committee in 1998, then as Deputy Chief Executive Officer
in charge of Banque AGF, AGF Asset Management and AGF Immobilier
(Real Estate) in 2002, then in charge of life insurance &
financial services and credit insurance in 2003. In 2006, he was
appointed Chief Executive Officer and Chairman of the Executive
Committee. From 2007 to 2009, he was a managing partner at Oddo
& Cie. From 2009 to 2018, Laurent Mignon has served as Chief
Executive Officer of Natixis and has been a member of the
Management Board of BPCE since 2013.
- PR_Wendel_Appointment_170922
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