Eurazeo Supervisory Board announces today the nomination of a new Executive Board. The new Executive Board is composed of two Chairmen: Christophe Bavière and William Kadouch-Chassaing as well as Sophie Flak and Olivier Millet.
The Executive Board, appointed unanimously by the Supervisory Board, has been given the mission to accelerate Eurazeo’s development towards third-party asset management, optimize the capital allocation and continue to improve the company’s financial and non-financial performance for the benefit of its clients and shareholders, by leveraging on Eurazeo’s talented teams.
The Supervisory Board and Virginie Morgon jointly decided that her duties as CEO and member of the Executive Board of Eurazeo should cease. The mandates of Mrs Nicolas Huet, Eurazeo’s General Secretary, and Marc Frappier, head of the Mid-large buyout investment division, also end. Nicolas Huet and Marc Frappier will continue to perform their duties until the end of April 2023.
Jean-Charles Decaux, President of the Supervisory Board, said: “The Board warmly thanks Virginie Morgon for her role at the head of Eurazeo’s Executive Board and her major contribution to the company. Since joining Eurazeo in 2008, Virginie Morgon has accelerated the Group’s growth, diversification, and internationalization. Under her leadership, Eurazeo has become one of the leading private equity platforms in Europe, capable of supporting companies from venture capital to large-scale transactions. Her strong commitment to ESG has enabled Eurazeo to benefit from a key strategic differentiator among asset managers. The Board also salutes and thanks Nicolas Huet and Marc Frappier for their contribution to Eurazeo’s development.
“With the appointment of a new, collegial, and focused Executive Board, comprising Christophe Bavière, William Kadouch-Chassaing, Sophie Flak and Olivier Millet, the Board has sought to instill a new dynamic to accelerate the development of Eurazeo’s activities and to deploy a high-performance strategy creating value for the benefit of all its stakeholders. The Supervisory Board has full confidence in the new Executive Board, which brings together complementary and experienced profiles and skills to amplify Eurazeo’s transformation and make the Company become a major player in asset management in Europe by relying on the diversity of all the talents of its teams.”
