Appointment of a new member of the Management Board
PR Newswire/Les Echos/
Sèvres, 8 January 2013
At its meeting on 26 December 2012, the CFAO Supervisory Board chaired by Jean-Charles Pauze decided to appoint Ichiro Kashitani as a member of the Management Board of the company, chaired by Alain Viry, for a 3 year term of office.
The other members of the Management Board are Olivier Marzloff, Executive Vice President and Corporate Secretary of the Group, and Alain Pécheur, Chief Financial Officer of the Group.
Ichiro Kashitani graduated in Economics from the Doshisha University in Kyoto, Japan, before joining the Japanese company Toyota Tsusho Corporation ("TTC"), where he spent 29 years, with missions in various industrial divisions such as Machinery, Automotive, Foodstuffs, as well as in the Administrative Division. He was also assigned overseas for a total of 9 years, in France, Morocco and the UK.
Ichiro Kashitani will join the CFAO teams in France as Executive Vice-President Corporate Planning and Alliance Development.
CFAO is the foremost specialized retail brand in its main business areas - vehicle and pharmaceuticals distribution - in Africa and the French overseas territories. In Africa, CFAO also distributes equipment, produces and distributes consumer goods and is a provider of a number of technology-related services. CFAO is present in 34 countries, 31 of which are in Africa and seven in the French overseas territories, and had a headcount of 10,100 at end-2011.
In 2011, CFAO generated consolidated revenue of EUR3,124 million and recorded recurring operating income of EUR256.3 million.
CFAO is listed on NYSE Euronext.
Find CFAO on Bloomberg: CFAO:FP and Reuters: CFAO.PA
To find out more, go to www.cfaogroup.com
Laurence Tovi Vice President Communications +33 1 46 23 58 80
Investor and Analyst Relations
Sébastien Desarbres Vice President Financial Communications and Investor Relations +33 1 46 23 56 51
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