This document is a free translation into English of the communication made in French, provided solely for the convenience of English-speaking readers.
PRESS RELEASE
Sèvres, April 6th, 2016
At its meetings on February 25th and on March 24th, 2016, the CFAO Supervisory Board chaired by Jean-Charles Pauze, decided to appoint Mr. Toshimatsu Imai as a member and Vice- Chairman of the Management Board in replacement of Mr. Ichiro Kashitani, who resigned form his office.
His appointment is effective as of April 1st, 2016 and his office will expire, as for all the members of the Management board, on October 5th, 2018. As a reminder, the office of all the Management board was renewed for a new period of three years in October 2015.
The other members of the Management Board are:
Mr. Richard Bielle, Chairman of the Management board,
Mr. Olivier Marzloff, Executive Vice President and Corporate Secretary of the Group, a
Mr. Alain Pécheur, Chief Financial Officer of the Group.
Mr. Toshimatsu Imai after having obtained a Degree in Marketing of Waseda University in Tokyo, Japan, joined the Japanese company Toyota Tsusho Corporation ("TTC"), where he worked mostly in the Automotive division. He was also expatriate in Madagascar and South Africa for a total period of 10 years,
Mr. Toshimitsu Imai joined the CFAO teams in France as Vice President Alliance Office - Business in March 2013, the position he held until his appointment as member and Vice- Chairman of the Management board.
CFAO is a front-ranking specialized distributor and preferred partner of major international brands, serving the high-potential equipment & services, healthcare and consumer goods markets in Africa and the French overseas territories.
The Group is active in 39 countries, including 34 African countries and 7 French overseas territories. It employed 12,370 people at end 2015. In 2015, CFAO generated consolidated revenue of €3,435.7 million and recorded recurring operating income of €269.2 million.
CFAO is a 97.74%-owned subsidiary of TTC (Japan). CFAO is listed on NYSE Euronext Paris.
Find CFAO on Bloomberg: CFAO: FP and Reuters: CFAO.PA To find out more, go to www.cfaogroup.com
CFAO press agency 35°Nord Romain Grandjean rg@35nord.com +33 6 73 47 53 99 | CFAO Communication Françoise Le Guennou-Remarck Vice President Institutional Relationship and Communication fleguennouremarck@cfao.com + 33 1 46 23 58 70 | CFAO Investors and Financial Analysts Relations Olivier Marzloff Corporate Secretary ir@cfao.com + 33 1 46 23 58 25 |
CFAO SA issued this content on 08 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 April 2016 12:41:07 UTC
Original Document: http://www.cfaogroup.com/static/2016/04/08/CFAO_Nomination Toshimitsu Imai_ENG_06-04-16.pdf?adBehAVn7kAVoByiEjeUag:adBehAVn7kAVoByiEjeUag:KhYuCUd6JblDVpkjWArvrA