JCDecaux Appoints David Bourg to Succeed Laurence Debroux as Chief Financial and Administrative Officer
04 November 2014 - 5:45PM
Business Wire
Regulatory News :
JCDecaux SA (Paris:DEC) (Euronext Paris: DEC), the number one
outdoor advertising company worldwide, announced today that two
appointments have been made, effective from January 15th 2015,
following the resignation of Laurence Debroux who will leave the
Group as of that date in order to pursue other professional
opportunities. Laurence Debroux was Chief Financial and
Administrative Officer and member of the Executive Board of
JCDecaux since 2010.
David Bourg has been appointed Chief Financial and
Administrative Officer
At its 3 November 2014 meeting, the Supervisory Board appointed
David Bourg as Chief Financial and Administrative Officer and
member of the Executive Board, together with Jean Charles Decaux,
Jean François Decaux, Jean-Sébastien Decaux, Emmanuel Bastide and
Daniel Hofer, effective January 15th, 2015. He will be based in
Paris.
David Bourg (44) is a graduate of Sciences Po Paris and obtained
a Master's degree and post-graduate diploma in economics (DEA) from
the University of Paris Dauphine. He began his career in the
Deloitte & Touche firm with various positions of
responsibility, including Audit Supervisor in Buenos Aires and
Audit Manager in Paris. He joined JCDecaux in 2001 as a Business
Development Manager principally responsible for merger &
acquisition projects within the Group. He was appointed Chief
Financial Officer for Asia in 2005, and CEO for Middle East in
2011.
Martin Sabbagh has been appointed CEO for Middle East
Martin Sabbagh has been appointed CEO for Middle East, effective
January 15th, 2015, to succeed David Bourg.
Martin Sabbagh (35) holds a one-year post-graduate diploma
(DESS) in Corporate Finance awarded by the University of Paris
Dauphine. He began his career in 2002 with ING specialising in LBO
Financing, before spending four years as an Auditor with Ernst
& Young. He moved to JCDecaux in May 2007 to take up a position
as Senior Acquisition Analyst. In 2008, he’s appointed Head of the
Group’s Investor Relations and Financial Communications Department
before becoming, in 2011, Director of Mergers & Acquisitions
and Development.
Based in Dubai, Martin Sabbagh reports to Jean-Charles Decaux,
Chairman of the Executive Board and co-CEO.
Jean-Charles Decaux, Chairman of the Executive Board and
Co-CEO of JCDecaux, said: “On behalf of the Executive Board, I
would like to thank Laurence Debroux for the contribution she has
made to the development of JCDecaux since 2010 and wish her every
success for the future. At the same time, we welcome David Bourg as
Chief Financial and Administrative Officer and Martin Sabbagh as
CEO for Middle East. Their experience, professionalism, dynamism
and in-depth knowledge of JCDecaux will enable them to successfully
fulfill their duties, driving the growth of our activities.”
Key Figures for the Group
- 2013 revenues: €2,676m; H1 2014:
€1,305m
- JCDecaux is listed on the Eurolist of
Euronext Paris and is part of the Euronext 100 index
- No.1 worldwide in street furniture
(480,400 advertising panels)
- No.1 worldwide in transport advertising
with more than 145 airports and more than 276 contracts in metros,
buses, trains and tramways (379,000 advertising panels)
- No.1 in Europe for billboards (191,000
advertising panels)
- No.1 in outdoor advertising in the
Asia-Pacific region (211,400 advertising panels)
- No.1 in outdoor advertising in Latin
America (30,000 advertising panels)
- No.1 worldwide for self-service bicycle
hire
- 1,082,400 advertising panels in more
than 60 countries
- Present in 3,700 cities with more than
10,000 inhabitants
- 11,900 employees
JCDecaux SACommunications Department:Agathe
Albertini, +33 (0) 1 30 79 34
99agathe.albertini@jcdecaux.frorInvestor Relations:Nicolas
Buron, +33 (0) 1 30 79 79 93nicolas.buron@jcdecaux.fr
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