PR Newswire/Les Echos/ Press release Implementation of the new governance of Schneider Electric SA Rueil-Malmaison (France), April 26, 2013 - At its board meeting held on April 25, 2013 after the annual shareholders' meeting that adopted the new governance for the company, the board of directors appointed Mr. Jean-Pascal Tricoire as chairman and Chief Executive Officer and Mr. Henri Lachmann as vice-chairman and lead director and also adopted its internal regulations. Non-voting directors and composition of the committees of the board of directors The board of directors has named Mr. Claude Bebear and Mr. Jeong Kim as non-voting directors for a period of one year. Mr. Jeong Kim had, in fact, resigned from the supervisory board last February to become Minister of Innovation and Science in South Korea. However, he had to abandon this project. Therefore, the board of directors has proposed Mr. Jeong Kim to join the board as a non-voting director whilst awaiting his nomination as a full director at the next annual shareholders' meeting. The board of directors has also determined the following composition for its committees: Governance committee Mr. Henri Lachmann, chairman Mr. Léo Apotheker Mr. Claude Bebear Mr. Willy Kissling Mr. Serge Weinberg Audit and risk committee Mr. Gérard de La Martiniere, chairman Mr. Noël Forgeard Mr. Antoine Gosset-Grainville Remunerations, human resources and CSR committee Mr. Serge Weinberg, chairman Mrs Cathy Kopp Mr. Willy Kissling Mrs Magali Herbaut Mr. Rick Thoman Strategy committee Mr. Xavier Fontanet, chairman Mr. Léo Apotheker Mr. Jeong Kim Mrs Besty Atkins Mrs Dominique Senequier General management The board of directors has appointed Mr. Emmanuel Babeau as deputy Chief Executive Officer in charge of Finance and Legal matters, upon the proposal of Mr. Jean-Pascal Tricoire. About Schneider Electric As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Building, Data Centers & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 140,000 plus employees achieved revenues of 24 billion euros in 2012, through an active commitment to help individuals and organizations make the most of their energy. www.schneider-electric.com Financial Communication: Schneider Electric Schneider Electric Press Contact: Anthony Song Véronique Roquet Montegon Tél. : +33 (0)1 41 29 83 29 Tél. : +33 (0)1 41 29 70 76 Fax : +33 (0)1 41 29 71 42 Fax: +33 (0)1 41 29 88 14 www.schneider-electric.com ISIN: FR0000121972 Contact presse : DGM Michel Calzaroni Olivier Labesse Tél.: +33 (0)1 40 70 11 89 Fax : +33 (0)1 40 70 90 46 The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication. -0- Apr/26/2013 14:30 GMT
Implementation of the new governance of Schneider Electric SA
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