Nexans' Board of Directors announced that the Group's Chief Executive Officer Arnaud Poupart-Lafarge has requested to leave the company as soon as possible due to personal reasons. The Board of Directors has requested that Arnaud Poupart-Lafarge ensure a transition period until September 30, 2018 at the latest, which he has accepted. The Board of Directors, chaired by Georges Chodron de Courcel, in application of the Group succession plan, and in full agreement with Arnaud Poupart-Lafarge, has this day requested Pascal Portevin, in his role as Deputy CEO to expand his responsibilities to support the transition.

He will, together with the CEO, drive the implementation of Nexans' 'Paced for Growth' strategic plan.