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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Schneider Electric    SU   FR0000121972

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SCHNEIDER ELECTRIC : SA Supervisory Board organisation

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05/04/2012 | 07:47pm CET

Rueil-Malmaison (France), May 4, 2012 - The Schneider Electric SA Supervisory Board, meeting on May 3, 2012, has reappointed Mr. Henri LACHMANN as Chairman of the Supervisory Board and Mr. Leo APOTHEKER as Vice Chairman.

The Supervisory Board also renewed Mr. Claude BEBEAR in his functions as non-voting director.

The Supervisory Board welcomed two new members nominated at the Annual Shareholders' Meeting of May 3, 2012, Mr. Antoine GOSSET-GRAINVILLE, replacing Mr. Jérôme GALLOT and Mrs Magali HERBAUT, replacing Mr. Claude BRIQUET.

The Supervisory Board paid tribute to Mr. Jérôme GALLOT, who joined the Board in 2004, for his active contribution to the works of the Board and participation in the Audit Committee. It also thanked Mr. Claude BRIQUET, member of the Supervisory Board representing the employee shareholders, for his active participation in the Board.

The Supervisory Board appointed Mr. Antoine GOSSET-GRAINVILLE as a member of the Audit Committee. The Audit Committee is now composed of Mr. Gérard de La MARTINIERE, Chairman, and Mr. Noël FORGEARD and Mr. Antoine GOSSET-GRAINVILLE.


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 & Infrastructures, Industries & Machine Manufacturers, Non-residential Buildings, Data Centres & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 130,000 plus employees achieved sales of 22.4 billion euros in 2011, through an active commitment to help individuals and organizations make the most of their energy.
www.schneider-electric.com

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Number of Analysts 23
Average target price 68,3 €
Spread / Average Target 6,6%
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