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
ELLA ÉTIENNE-DENOY
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 17-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. Yves Belegaud has been CEO of the EXEL Industries Group since December 17, 2019. Yves Belegaud spent 26 years with the Terreos Group, the second largest global sugar company operating in 18 countries, where he served as Chief Executive Officer for Europe from 2014 to 2019. The other members of the management team are: Daniel Tragus, Cyril Ballu, Marc Ballu, Thomas Germain, Patrick Tristani, Sylvie Le Callonec, Philippe Besançon, Jens Kristensen, Cédric Perres, Wim van den Bosch, Matt Hays and Philippe Breban.
YVES BELEGAUD
Chief Executive Officer EXEL Industries
DANIEL TRAGUS
Deputy Chief Executive Officer in charge of strategy, M&A, Industrial Property
Chief Executive Officer Holmer
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
PHILIPPE BREBAN
Chief Executive Officer France Pulvé
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.