Mersen announced that the Chairman of its Board of Directors will change at the close of the Annual General Meeting of May 18, 2017. After 21 years as a member of the company's Board of Directors, first as a director and later as Chairman, Hervé Couffin has decided not to stand for re-election at the Annual General Meeting of May 18, 2017. In addition, Jean-Paul Jacamon, who has been a member of the Board of Directors1 for 14 years, has decided to resign from his position as a director for personal reasons, effective May 18, 2017. Shareholders at the Annual General Meeting will be asked to approve the appointment to the Board of Directors, for four-year terms, of Olivier Legrain and Michel Crochon to replace Hervé Couffin and Jean-Paul Jacamon, and to renew the terms as directors of Carolle Foissaud, Ulrike Steinhorst, Yann Chareton and Dominique Gaillard. Subject to shareholders' approval of the proposed appointments, and following an in-depth process led by the Governance and Remuneration Committee, the Board of Directors will formally appoint Olivier Legrain as its Chairman at the close of the Annual General Meeting. Furthermore, Fonds Nobel, a director of the company, has informed the Board of Directors that, effective April 10, 2017, its permanent representative will be Bénédicte Levinson, who replaces Philippe de Verdalle. Michel Crochon, 65, has spent the majority of his career at Schneider Electric, where he held various industrial, commercial and development-related positions, in Europe and Asia. During his 12 years as a member of the group's executive committee, he headed up several business units. In his most recent position, he was in charge of corporate strategy and technology. Olivier Legrain, 65, began his career with Rhône-Poulenc, where he held executive positions in various business units. He then joined Lafarge as a member of its executive committee, in charge of specialty materials and strategy. He later became Chairman of Materis, after organizing its exit from the Lafarge group.