Rueil-Malmaison (France), February 24, 2014 – The Board of Directors of Schneider Electric SA, meeting on February 19, 2014, has decided to propose the appointment of Ms. Linda KNOLL as Director of the Board at the next Annual Shareholder’s Meeting on May 6, 2014, replacing Mr Serge WEINBERG, whose term of appointment expires and who did not wish to renew it.
Ms. KNOLL, 53, a U.S. citizen, is Chief Human Resources Officer and Member of the Group Executive Council of CNH INDUSTRIAL N.V. and FIAT CHRYSLER. She will be an independent director according to the definition contained in the AFEP/MEDEF corporate governance code of listed companies.
It will also be proposed to the Annual Shareholder’s Meeting to renew terms of appointment of Ms. Cathy KOPP and Messrs. Noël FORGEARD, Willy KISSLING, Henri LACHMANN and Richard THOMAN and to ratify the cooptation of Mr. Jeong KIM.
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 Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Buildings, Data Centres & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 150,000 plus employees achieved sales of 24 billion euros in 2013, through an active commitment to help individuals and organizations make the most of their energy.