The Rougier Group announced the appointment of Mr. Francis Rougier as Chairman and Chief Executive Officer. This operation represents a significant step in the activities reorganization plan rolled out over the past year and leading to the approval of the recovery plan during the first half of 2019.
During the Board of Directors meeting held on December 06, 2018, Mr. Jacques Rougier announced that he was standing down from his position as Chairman of the Board of Directors, reached by the age limit set in the statutes, while remaining on as a company director. His appointment is in
line with the Board's desire to ensure the continuity required to finalize the restructuring of the business.