Schneider Electric rearchitects its Executive Committee
Rueil-Malmaison (France), March 2, 2020 - After eleven years at Schneider
Electric, Emmanuel Babeau, Chief Financial Officer and Deputy CEO will be
leaving the company on April 30th. Emmanuel has been a key actor of the Group's
evolution in the past decade and Schneider Electric thanks him for his
important role and strong dedication to the multifaceted transformation of the
Schneider Electric will be moving to a flatter executive committee structure
with a view to reinforce its governance, accelerate its strategic and digital
transformations, and increase the diversity of the executive team.
The Executive Committee will welcome three new members:
Hilary Maxson will be appointed Chief Financial Officer, effective after the
2020 Annual General Meeting on April 23.
Hilary, a US citizen, joined Schneider Electric three years ago and currently
serves as CFO of the Energy Management Business. She comes with a solid and
diversified experience in finance developed in banking but more so in the
energy and utility business, and lived and worked in geographies as diverse as
the US, South America, Africa and Asia.
Charise Le will be appointed Chief Human Resource Officer, effective April 1st
Charise, a Chinese citizen, was most recently leading the HR Strategy & Global
Services of Schneider. She has been working in many different positions within
the Group for the last 15 years, notably HR SVP for China Ops, and HR Director
for Schneider Asia Pacific.
Peter Weckesser, will join Schneider as the new Chief Digital Officer,
effective June 1st
Peter, a German citizen, is currently the Digital Transformation Officer for
Airbus Defense & Space. Prior to this position, he had an extensive experience
as a Senior Executive in Siemens, most recently as the COO of Siemens Product
Lifecyle Management and before that, as the CEO of Siemens Industry Services.
In addition to these new Executive Committee members, Schneider Electric is
announcing the following 2 internal transitions:
Olivier Blum will become Chief Strategy & Sustainability Officer, effective
Olivier, currently Chief Human Resource Officer of the company, will be in
charge of developing and deploying strategic, sustainability and quality
initiatives, while steering all Mergers & Acquisitions and Divestment
Olivier joined Schneider Electric 27 years ago and held several positions, in
sales, marketing and offer development, before being appointed Managing
Director of Schneider Electric India, Executive Vice President of the Retail
Business and most recently Chief Human Resource Officer.
Herve Coureil will become Chief Governance Officer and Secretary General,
effective after the 2020 Annual General Meeting.
Herve, currently Chief Digital Officer of the company, will be responsible for
developing and operating an effective global governance framework, aligning
priorities and strategic execution between board, executive and operational
levels and leading the end to end simplification of the company.
Herve also joined Schneider Electric 27 years ago and held several positions,
in finance, control and M&A, before being appointed Chief Financial Officer of
the Critical Power and Cooling Services Business, Chief Information Officer and
most recently Chief Digital Officer.
"Hilary, Charise and Peter bring their talent and experience to their
respective roles as the company continues to strengthen its focus on growth,
digital, efficiency and portfolio optimization" said Jean-Pascal Tricoire.
"Olivier and Herve bring to their new roles the wealth of experience that they
have acquired throughout their multi-faceted careers inside Schneider Electric.
I want to thank Emmanuel - jointly with the Board - for his remarkable
contribution to the transformation of Schneider in the past decade, and for the
great and fruitful team work we accomplished together."
About Schneider Electric
At Schneider, we believe access to energy and digital is a basic human right.
We empower all to make the most of their energy and resources, ensuring Life Is
On everywhere, for everyone, at every moment.
We provide energy and automation digital solutions for efficiency and
sustainability. We combine world-leading energy technologies, real-time
automation, software and services into integrated solutions for Homes,
Buildings, Data Centers, Infrastructure and Industries.
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