BENETEAU (EPA:BEN) - 190617 BENETEAU Jérôme de Metz appointed as Chairman & CEO

Transparency directive : regulatory news

17/06/2019 08:40

Press release - June 17, 2019

                  Jérôme de Metz appointed as Chairman & CEO

The Board of Directors of BENETEAU S.A. is announcing that Mr Hervé Gastinel's
duties as Chief Executive Officer and his other positions within Groupe
Beneteau ended on June 15 and 16, 2019.

The Board of Directors has appointed its Chairman, Mr Jérôme de Metz, as
Chief Executive Officer, replacing Mr Gastinel.

Alongside this appointment, the Boat Division's Management Board is also
evolving to unite the Group's teams, brands, design units and plants around a
stronger shared project.

This project is based around a cross-cutting approach and will be reflected in
the creation of two major departments. Christophe Caudrelier, previously Chief
Financial Officer in charge of Information Systems and currently Deputy CEO in
charge of European activities, will retain his current position and will now
lead the Operational Excellence Department for the Group. Gianguido Girotti,
previously General Manager of the Beneteau brand, in charge of its product
strategy, will become Deputy CEO and will head up the Boat Division's Product
Strategy Department.

The Management Board will also now include Corinne Margot, Group Human
Relations and Communications Director, and be assisted by two of the Group's
experienced managers, Dieter Gust and Jean-Paul Chapeleau, respectively
Chairman of Construction Navale Bordeaux and General Manager of Jeanneau and
Prestige.

No governance changes are being made for the Housing Division, led by Patrick
Mahé.

The biographies of the various people referred to in this press release are
available at https://press.beneteau-group.com/experts/

The Company would like to thank Hervé Gastinel for the time and energy that he
devoted to it over the past four years and wish him every success for the next
steps in his career.

In addition, Groupe Beneteau is maintaining its latest estimates for revenues
for the current year (3% to 5% growth based on reported data) and a stable
operating income rate compared with the previous year.

ABOUT GROUPE BENETEAU

As the boating industry's global market leader, Groupe Beneteau, through its
Boat division's 12 brands, offers over 200 recreational boat models serving its
customers' diverse navigational needs and uses, from sailing to motorboating,
monohulls and catamarans.

Leading the European leisure homes market, the three brands from the Group's
Housing division offer a comprehensive range of leisure homes, lodges and pods
that combine eco-design with high standards of quality, comfort and
practicality.

With its international industrial capabilities and global sales network, the
Group employs 7,400 people, primarily in France, the US, Poland, Italy and
China.

FY 2017-2018 Group revenues : EUR 1287.2 M

Motorboat 47.5%
Sailboat 37.5%
Housing 15.0%

                            CONTACTS - GROUPE BENETEAU
Mirna Cieniewicz
m.cieniewicz@beneteau-group.com
Tel +33 (0)2 51 26 21 25

INVESTORS AND PRESS CONTACT
Yannick Coicaud-Thomas
y.coicaud.thomas@beneteau-group.com
Address: 16 bd de la Mer - CS 43319
85803 Saint Gilles-Croix-de-Vie Cedex - France

                            www.beneteau-group.com

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06/05/2024 17:40

BENETEAU (EPA:BEN) - 190617 BENETEAU Jérôme de Metz appointed as Chairman & CEO

Transparency directive : regulatory news

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