Rueil-Malmaison (France), April 3, 2009 – Jean-Pascal Tricoire, President & CEO of Schneider Electric, announces the appointment of Emmanuel Babeau as Chief Financial Officer and Member of the Executive Committee. Emmanuel Babeau will be in charge of Corporate Financial Control, Internal Audit, Legal Affairs, Investors Relations, Mergers & Acquisitions, Corporate Real Estate, Tax & Customs, Financing & Treasury. Since 2006, Emmanuel Babeau has been Chief Financial Officer of Pernod Ricard, in charge of Finances, IT Systems and Industry. He began his career at Arthur Andersen in 1990, and joined Pernod Ricard in 1993.
Henri Lachmann, Chairman of the Supervisory Board, will propose to appoint Emmanuel Babeau as Management Board Member, replacing Pierre Bouchut who will take on a new position with the Carrefour group.
Jean-Pascal Tricoire says: “Emmanuel Babeau will bring a lot to Schneider Electric: his experience of the remarkable development of Pernod Ricard, his international exposure, as well as his expertise in company integration and rationalization .We welcome him as a new member of our team to drive the development of Schneider Electric. I would also like to thank Pierre Bouchut for his significant contribution to the progress and transformation of Schneider Electric in the past years I wish him a lot of success in his new role”.
Emmanuel Babeau will join Schneider Electric early July.
About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company's 114,000 employees achieved sales of more than 18.3 billion euros in 2008, through an active commitment to help individuals and organisations “Make the most of their energy™”.