An executive committee tailored to our industrial ambition

EXECUTIVE COMMITTEE (August 2021)

The Executive Committee is the main decisionmaking body and comprises eleven members.

It is responsible for determining Nexans’ strategy, allocation of resources, and organization. The Executive Committee’s main duties include enhancing the Group’s relationship with the markets and its customers, its capacity to anticipate change and the agility of its organizational structure, executing (cost control, innovation, service development and transformation) and, lastly, internationalizing the Group’s management profile in order to adapt to and keep ahead of the changes taking place in the wider world. In addition to Christopher Guérin, the Executive Committee comprises:

• Four heads of geographic areas and business sectors;
• Six heads of operating divisions.

A TEAM STREAMLINED FOR THE 2021-2024 STRATEGY

Larger and streamlined, the Executive Committee team reflects the strategic importance of the relationship Nexans enjoys with its customers and markets and embodies its ability to undergo change. It has been formed to achieve Nexans’ industrial goal of becoming a sustainable electrification pure player. It is the righ team to implement the 2021/2024 strategy and ensure that Nexans becomes a unique and fully-integrated player covering the entire electrification value chain, from energy production through to transmission and distribution, right up to the end consumer.

THE STRENGTH OF DIVERSITY

Many forms of diversity are represented on Nexans’ Executive Committee including religion, gender, sexual orientation and cultural pluralism, with five nationalities including the first member from Norway, a country representing the second largest employee base at Nexans. January 2020 saw the nomination of the Group’s first woman managing one of Nexans’ 4 Business Groups, representing 31% of EBITDA and 71% of CAPEX and at the heart of the Group’s strategy. With the appointment of Elyette Roux in August 2021, female representation at the Executive Committee is standing at 18%. The objective is to reach 18 to 20%  by 2023 among the top management. The current succession plan for the Executive Committee has identified two women internally who, if needed, could succeed two male incumbents.

A YEAR OF PANDEMIC MANAGEMENT

Throughout 2020, Nexans’ crisis management culture enabled it to take measures that proved successful. In the current macro environment and incorporating no material change in the current view of the impact of the Covid-19 crisis, in 2021 the Group is accelerating its new strategic move towards sustainable electrification.