SOITEC BOARD ANNOUNCES CEO SUCCESSION PLAN - PIERRE BARNABE TO SUCCEED CEO PAUL BOUDRE AT THE CLOSE OF THE JULY 2022 SHAREHOLDERS MEETING
19 Januar 2022 - 6:28PM
SOITEC BOARD ANNOUNCES CEO SUCCESSION PLAN - PIERRE BARNABE TO
SUCCEED CEO PAUL BOUDRE AT THE CLOSE OF THE JULY 2022 SHAREHOLDERS
MEETING
SOITEC BOARD
ANNOUNCES CEO SUCCESSION PLAN
PIERRE
BARNABE TO SUCCEED CEO
PAUL BOUDRE AT THE CLOSE OF THE JULY
2022 SHAREHOLDERS MEETING
Bernin (Grenoble),
France, January 19, 2022
– Soitec (Euronext Paris), a world leader in the design and
manufacture of innovative semiconductor materials, today announces
that its Board of Directors agreed to appoint Pierre Barnabé to
succeed Paul Boudre as Group CEO. Pierre is to join the company on
May 1, 2022 on a mission attributed by the Board, and will work
closely with Paul Boudre until he assumes the CEO role after the
annual shareholder meeting in July 2022, thus ensuring a smooth
leadership transition.
Pierre Barnabé, 51, joins Soitec from Atos, a
worldwide Information Technology leader, where he has served since
2015 as Senior EVP in charge of Big Data and Cybersecurity. Since
2019, Pierre has also been responsible for Public Sector &
Defense and Manufacturing Industry, overseeing multibillion-euro
revenues and more than 11,000 employees worldwide. Prior to joining
Atos, he was Chief Operating Officer at Bull, acquired by Atos in
2014. Pierre Barnabé is a graduate of NEOMA Business School and
CentraleSupélec.
Eric Meurice, Chairman of the Board of
Directors, commented: “On behalf of the Board of Directors and
employees, I wish to express my deepest appreciation for Paul’s
leadership and dedication throughout his 15 years of service to the
Company. Paul has led Soitec to great success during his tenure as
CEO. Since his appointment in 2015, he has contributed to the
Company’s recovery and growth to an expected $975 million in
revenue for FY2021-22, as guided in our latest financial releases.
Paul has also helped position the Company for further growth,
enabled by new application segments for Soitec’s ‘Smart Cut’
technology.”
“We had set the bar high in identifying a
successor for Paul Boudre. We are delighted that Pierre Barnabé has
agreed to join Soitec. Pierre will build on this trajectory and
lead Soitec through the next chapter of ambitious growth as set out
in the 2026 strategic roadmap. He draws upon a remarkable track
record that includes a threefold revenue increase at the Atos Big
Data and Cybersecurity division in the space of a few years, in a
highly competitive market requiring deep cooperation with the
ecosystem. His skill-set naturally complements those of the Soitec
management team, as a leader with significant collaborative
experience working with technology experts, partners and
customers.”
The Board will also propose the nomination of
Pierre as a Director at the ordinary shareholders’ meeting of
FY2021-22 scheduled for July 2022. Today’s announcement follows a
detailed and thorough assessment by the Board and its Nomination
and Governance Committee that considered all options within the
Company’s established succession planning process.
Pierre Barnabé commented: “I am very excited and
proud to join and lead Soitec as its new CEO. I am also conscious
of the responsibility: the company’s technology, management and
employee talents and strong relationships with key partners such as
the CEA are key assets for the future. Exciting opportunities lie
ahead in the fast-growing semiconductor market, and I look forward
to working with the teams at Soitec to meet the ambitious goals set
by the Board.”
About Pierre
Barnabé
Pierre Barnabé is currently Atos Senior
Executive Vice-President, Group Security Officer and Global Head of
Big Data and Cybersecurity, which includes the group’s
supercomputing business. He was previously Chief Operating Officer
at Groupe Bull and General Manager of SFR Business Team. Pierre
Barnabé began his career in the venture capital department of
Thales before joining Alcatel-Lucent, where he served as CEO for
Alcatel-Lucent France and Group EVP Human Resources and
Transformation. He is a Knight of the French National Order of
Merit and a graduate of NEOMA Business School and
CentraleSupélec.
About Soitec
Soitec (Euronext, Tech 40 Paris) is a world
leader in the manufacture of innovative semiconductor materials.
The company uses its unique technologies to serve the electronics
markets. With more than 3,500 patents worldwide, Soitec’s strategy
is based on disruptive innovation to meet its customers’ needs for
high performance, energy efficiency and cost competitiveness.
Soitec has manufacturing facilities, R&D centers and offices in
Europe, the United States and Asia.
Soitec and Smart Cut are registered trademarks
of Soitec.
For more information, please visit
www.soitec.com and follow us on Twitter: @Soitec_EN
For more information, please
contact:
Investor relations: |
Media contacts: |
Steve Babureck+33 (0)6 16 38 56 27+65 9231
9735steve.babureck@soitec.com |
Isabelle Laurent+33 (0)6 42 37 54
17isabelle.laurent@oprgfinancial.fr Fabrice Baron+33(0)6 14
08 29 81fabrice.baron@oprgfinancial.fr |
# # #
Soitec is a French joint-stock corporation with
a Board of Directors (Société Anonyme à Conseil d’administration)
with a share capital of €70,276,054.00, having its registered
office located at Parc Technologique des Fontaines - Chemin des
Franques - 38190 Bernin (France), and registered with the Grenoble
Trade and Companies Register under number 384 711 909.
# # #
- Press release CEO 2022.01.19 ENG
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