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Michel Favre appointed Group Senior Vice President Finance, Control and Legal Affairs of Rexel


Rexel, leading distributor worldwide of electrical supplies, announces that Michel Favre has been appointed Group Senior Vice President, Finance, Control and Legal Affairs. He will join Rexel at the beginning of April. Rexel’s Supervisory Board should proceed to the appointment of Michel Favre as member of the Management Board by the end of May 2009.
Michel Favre has been Chief Financial Officer of Casino Group, a leading French retail group, since 2006. He previously held various financial and operational roles in industrial groups.
Jean-Charles Pauze, Chairman of the Management Board, declared: “I am very pleased that Michel Favre has decided to join Rexel. His dual skill-set in financial and operational matters and his experience in listed industrial and retail companies will be highly valuable assets. Michel Favre will bring a significant contribution to the development of the Group, to driving its financial performance and to the elaboration of its strategy.”

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