Report
Delphine Brault

Rexel : Change of CEO in September - but the same strategy

>An unexpected announcement - On 26 March, Rexel announced that Patrick Bérard is to quit his role as CEO on 1 September to be replaced by Guillaume Texier, coming from Saint-Gobain. Patrick Bérard has agreed to remain in post until 1 March 2022, working alongside Guillaume Texier in order to ensure a ‘smooth handover’. According to the chairman, Ian Meakins, the process of looking for a new CEO began last summer as Patrick Bérard started to approach the statutory r...
Underlying
Rexel SA

Rexel distributes low and ultra-low voltage electrical products to contractors, industrial and commercial customers (industrial and commercial companies, municipalities, public entities, parts manufacturers and panel builders). Its products are used for new installations, or maintenance & repair of existing installations. Its products covers Electrical Installation Equipment, Conduits and Cables, Lighting, Security & Communication, Climate Control, Tools, White & Brown Products. Co. also offers services to its customers, such as logistics & distribution, technical assistance & training. Co. operates mainly in four geographical areas: Europe, North America, Asia-Pacific and Latin America.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

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