Leadership Change - Nexans has appointed Julien Hueber as the new Chief Executive Officer, succeeding Christopher Guérin, effective immediately [1][2] - Christopher Guérin will remain available to support Julien Hueber until October 31, 2025 [1] Strategic Direction - The Board of Directors aims to create new momentum to optimize performance while executing the roadmap presented during the last Capital Market Day [2] - The succession process for the CEO role was comprehensive and aligned with the established succession plan, supported by a leading executive search firm [2] Julien Hueber's Background - Julien Hueber, 55, has been with Nexans since 2002 and is currently the Executive Managing Director of PWR Grid & Connect Europe, a business with €2.6 billion in revenue and 23 manufacturing plants [3] - He has extensive experience in supply chain and purchasing, with significant knowledge of the Asia-Pacific region, particularly China and South Korea [3] Board's Confidence - Jean Mouton, Chairman of the Board, expressed confidence in Julien Hueber's ability to lead Nexans, citing his strategic vision and operational excellence [4] - The Board believes Hueber's experience and leadership qualities make him the ideal candidate to drive the company's future strategy [4] Acknowledgment of Previous Leadership - The Board expressed deep gratitude to Christopher Guérin for his contributions over the past seven years, highlighting his role in transforming Nexans into a leader in sustainable electrification [5][6] - Guérin's leadership has restored confidence and pride within the Nexans team, leaving a lasting impact on the company [5][6] Company Overview - Nexans is a global leader in sustainable electrification, focusing on advanced cable solutions and services that support the transition to a low-carbon future [7][8] - The company operates in 41 countries, employs 28,500 people, and generated €7.1 billion in standard sales in 2024 [8]