MERSEN ANNOUNCES A CHANGE TO THE COMPOSITION OF ITS BOARD OF DIRECTORS
PARIS, JANUARY 14, 2020 - Mersen (Euronext FR0000039620 - MRN), a global expert
in electrical power and advanced materials, has announced the resignation from
its Board of Directors of Ardian representatives Dominique Gaillard and Yann
Chareton. Their resignation follows the progressive decrease in ACF II's stake,
managed by Ardian, in Mersen's share capital, which recently dropped below the
10% regulatory threshold.
Dominique Gaillard and Yann Chareton had been members of Mersen's Board of
Directors since 2009.
Olivier Legrain, Chairman of Mersen's Board of Directors, said: "Ardian has
played a part in the development and transformation of Mersen for more than 10
years. On behalf of the Board of Directors, I would like to warmly thank
Dominique Gaillard and Yann Chareton for their contributions and confidence."
Dominique Gaillard, Senior Advisor at Ardian, said: "Ardian has worked
alongside Mersen since 2009, partnering with the management team to build the
new Mersen. The company today has all the necessary assets to continue its
profitable growth strategy."
Following this change, Mersen's Board of Directors now comprises eight members,
of which 57% are women and 71% of members are independent directors (both
calculated excluding employee representative on the Board).
A global expert in electrical power and advanced materials, Mersen designs
innovative solutions to address its clients' specific needs to enable them to
optimize their manufacturing performance in sectors such as energy,
electronics, transportation, chemicals & pharmaceuticals and process
MERSEN IS LISTED ON EURONEXT PARIS - COMPARTMENT B