Rexel changed its governance structure in May 2014, evolving from a dual board structure with a Supervisory Board (“Conseil de Surveillance”) and a Management Board (“Directoire”) to a one-tier board structure with a Board of Directors (“Conseil d’administration”). As part of this change, Rudy Provoost was appointed Chairman and CEO (“Président-Directeur Général”), with Catherine Guillouard as Deputy-CEO.
Reflecting the evolution of Rexel’s shareholdings, the one-tier board structure aligns Rexel’s governance model with CAC 40 best practices and sector-specific benchmarks. It aims to simplify the decision making process and accelerating the implementation of the Group’s strategy.