REXEL : PIER LUIGI SIGISMONDI APPOINTED TO REXEL'S SUPERVISORY BOARD


PIER LUIGI SIGISMONDI APPOINTED
TO REXEL'S SUPERVISORY BOARD

The Supervisory Board of Rexel, acting upon the recommendation of its Nomination Committee, unanimously agreed to appoint Pier Luigi SIGISMONDI as an independent member of the Supervisory Board of Rexel.

Pier Luigi SIGISMONDI replaces Françoise GRI, who has stepped down from Rexel's Supervisory Board to reduce her number of directorships. Rexel would like to thank her for her contribution to the Supervisory Board.

Roberto QUARTA, chairman of Rexel's Supervisory Board, declared: "We are very pleased to welcome Pier Luigi SIGISMONDI to Rexel's Board. His knowledge of operations and his international experience will be strong assets for Rexel as it continues to implement its "Energy in Motion" company plan."

Pier Luigi SIGISMONDI declared: "I am delighted to be joining Rexel's Supervisory Board. I look forward to contributing to help the Group achieve its objectives and consolidate its global leadership."

Biography

 

Pier Luigi SIGISMONDI (47 years old) is a Member of the Executive Board and Chief Supply Chain Officer of Unilever, since 2009. Prior to that Pier Luigi SIGISMONDI worked for Nestlé SA, where he was vice president of corporate operations strategies, based in Switzerland, in charge of industrial strategies of the group worldwide as well as management of global cost improvement programmes before moving to Nestlé Mexico in 2005 as vice president of operations and R&D. Pier Luigi SIGISMONDI started his career in consulting, first with Booz Allen & Hamilton and later with AT Kearney. An Italian national, he holds a Masters Degree in Industrial & Systems Engineering from the Georgia Institute of Technology, Atlanta, Georgia.

 

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Rexel, a global leader in the distribution of sustainable and innovative products and services for automation, technical supply and energy management, addresses three main markets - industrial, commercial and residential. The Group supports customers around the globe, wherever they are, to create value and run their business better. With a network of some 2,300 branches in 37 countries, and over 31,000 employees, Rexel's sales were €13.4 billion in 2012. Its major shareholders are an investor group led by Clayton, Dubilier & Rice, Eurazeo and BAML Capital Partners.

Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, FTSE4Good, STOXX600, STOXX Europe Sustainability, Euronext Vigeo Europe 120 and ASPI Eurozone.

 

For more information, please visit www.rexel.com

 

Contacts

 

Financial Analysts / Investors Press
Marc MAILLET Pénélope LINAGE
+33 1 42 85 76 12 +33 1 42 85 76 28
mmaillet@rexel.com plinage@rexel.com
Florence MEILHAC Brunswick: Thomas KAMM
+33 1 42 85 57 61 +33 1 53 96 83 92
fmeilhac@rexel.com tkamm@brunswickgroup.com

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Pier Luigi Sigismondi appointed to Rexel's Supervisory Board
GlobeNewswire

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