Implementation of the new governance of Schneider Electric SA

Rueil-Malmaison (France), April 26, 2013 - At its board meeting held on April 25, 2013 after the annual shareholders' meeting that adopted the new governance for the company, the board of directors appointed Mr. Jean-Pascal Tricoire as chairman and Chief Executive Officer and Mr. Henri Lachmann as vice-chairman and lead director and also adopted its internal regulations.


Non-voting directors and composition of the committees of the board of directors

The board of directors has named Mr. Claude Bebear and Mr. Jeong Kim as non-voting directors for a period of one year. Mr. Jeong Kim had, in fact, resigned from the supervisory board last February to become Minister of Innovation and Science in South Korea. However, he had to abandon this project. Therefore, the board of directors has proposed Mr. Jeong Kim to join the board as a non-voting director whilst awaiting his nomination as a full director at the next annual shareholders' meeting. 

The board of directors has also determined the following composition for its committees:

Governance committee
Mr. Henri Lachmann, chairman
Mr. Léo Apotheker
Mr. Claude Bebear
Mr. Willy Kissling
Mr. Serge Weinberg

Audit and risk committee
Mr. Gérard de La Martiniere, chairman
Mr. Noël Forgeard
Mr. Antoine Gosset-Grainville

Remunerations, human resources and CSR committee
Mr. Serge Weinberg, chairman
Mrs Cathy Kopp
Mr. Willy Kissling
Mrs Magali Herbaut
Mr. Rick Thoman

Strategy committee
Mr. Xavier Fontanet, chairman
Mr. Léo Apotheker
Mr. Jeong Kim
Mrs Besty Atkins
Mrs Dominique Senequier

General management

The board of directors has appointed Mr. Emmanuel Babeau as deputy Chief Executive Officer in charge of Finance and Legal matters, upon the proposal of Mr. Jean-Pascal Tricoire.


About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Building, Data Centers & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 140,000 plus employees achieved revenues of 24 billion euros in 2012, through an active commitment to help individuals and organizations make the most of their energy.
www.schneider-electric.com

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