Governance

Board of Directors

The EXEL Industries Board of Directors comprises eight members, including three independent members, three women and one employee representative member. Seven members are appointed by the shareholders’ Annual General Meeting for a six-year term; the eighth member, representing the employees, is appointed by the Group Works Council for a three-year term. The Company is in compliance with the law on the proportion of women on the Board and with the Middlenext Code with regard to the number of independent members. Three committees assist the Board of Directors: the Audit Committee, the Remuneration and Appointments Committee and the CSR Committee. Each of these Committees is chaired by an independent member of the Board. Board members’ complementary skills provide essential support to Group Executive Management with regard to its strategic ambitions and the Group’s growth.

PATRICK BALLU

Chairman of the Board of Directors

PASCALE AUGER

Independent director and Chair of the Audit Committee

CLAUDE LOPEZ

Independent director and Chair of the Remuneration and Appointments Committee

MARIE-CLAIRE BALLU

Representing EXEL SAS

MARC BALLU

Director

CYRIL BALLU

Director

SYLVAIN MACCORIN

Director representing employees

SONIA TROCMÉ-LE PAGE

Independent director and Chair of the CSR Committee

Management team

The 13-strong management team is made up of the Chief Executive Officers of the Group’s main subsidiaries and the corporate function directors based in the Group’s holding company.

Daniel Tragus has been CEO of the EXEL Industries Group since December 20, 2023. An ICAM engineer and graduated with an Executive MBA from HEC Paris, Daniel Tragus has worked his whole career for different companies of the EXEL Industries Group. From 1988, he held various technical and managerial position at Kremlin, a global leader in industrial spraying. In 1999, he became Managing Director of Kremlin. In addition, Daniel Tragus played a pivot role in the integration of Hardi, Agrifac, Holmer and ET Works. Since 2016, he had been responsible for Group strategy, M&A, and Industrial Property, and, since 2020, he had been Group Deputy Chief Executive Officer.

The other members of the management team are: Marc Ballu, Cyril Ballu, Thomas Germain, Patrick Tristani, Sylvie Le Callonec, Philippe Besançon, Jens Kristensen, Cédric Perres, Wim van den Bosch, Matt Hays, Philippe Breban and Martin Fuehrer.

DANIEL TRAGUS

Chief Executive Officer EXEL Industries

MARC BALLU

Deputy Chief Executive Officer, Chief Executive Officer of the Garden activity, Chief Executive Officer Tricoflex

CYRIL BALLU

Deputy Chief Executive Officer in charge of the Nautic Industry

THOMAS GERMAIN

Chief Financial Officer

PATRICK TRISTANI

Chief Sustainable Transformation Officer

SYLVIE LE CALLONEC

Chief Legal Officer

PHILIPPE BESANÇON

Chief Human Resources Officer

JENS KRISTENSEN

Chief Executive Officer Hardi

CÉDRIC PERRES

Chief Executive Officer Sames

WIM VAN DEN BOSCH

Chief Executive Officer Agrifac

MATT HAYS

Chief Executive Officer ET Works

BERTRAND GARNIER

Chief Executive Officer France Pulvé

MARTIN FUEHRER

Chief Executive Officer Holmer

Interview with Yves Belegaud,
Chief Executive Officer of EXEL Industries

What is your assessment of 2021-2022, which was marked by a triple geopolitical, energy and inflationary crisis?

Yves Belegaud: We had an unusual year, with first of all, a supply crisis that occurred just after the lifting of Covid-19 health restrictions.

This was succeeded by a double energy and agricultural shock following the Russian invasion of Ukraine, which resulted in a surge in the price of raw materials. While the more favorable financial returns from which farmers benefited led them to invest in the purchase of agricultural equipment, our production rate was unable to fully meet demand, due to a lack of sufficient supplies. As a result, part of our revenue and margins have been delayed against the backdrop of unfavorable changes in our purchasing costs.

Read the interview