Rexel announces that Patrick Berard will step down as Chief Executive Officer on September 1, 2021. He will be succeeded on that date by Guillaume Texier, who joins the company after holding several senior management positions at Saint-Gobain.
Mr. Texier was selected after an extensive search managed by the Board of Directors’ Nomination Committee, supported by a leading search firm and was unanimously viewed as the standout candidate. Mr. Berard has agreed to stay on until March 1, 2022 to work alongside Mr. Texier and ensure a smooth handover in the implementation of Rexel’s strategic roadmap presented in February 2021.
“On behalf of the Board of Directors, I would like to express our sincere thanks to Patrick Berard for his enormous contribution to Rexel. He played a critical role in turning around Rexel and returning it to top- and bottom-line growth. He has left his mark on the company and has set it on a profitable growth path that, I am sure, will continue under Guillaume Texier. Guillaume’s track record in geographies that are critical to Rexel, his proven ability to deliver strategies that accelerate adoption of digital platforms and deliver growth and his leadership and values make him a natural successor. We are fortunate that the opportunity of recruiting him came up just as Patrick was nearing retirement age. I am delighted to welcome him to Rexel and also very pleased that Patrick has agreed to work with Guillaume and share his deep knowledge of the industry and the company. This will enable a smooth transition and ensure that we will not lose any momentum toward achieving what we committed to at the recent Strategic Update.”
Ian Meakins, Chairman of Rexel’s Board of Directors