Saint-Gilles-Croix-de-Vie, France, March 29, 2019

Appointment: Christophe Caudrelier, Deputy Managing Director, appointed to head up the Boat Division for Europe

As proposed by Group Chief Executive Officer Hervé Gastinel, the position of General Manager for the Boat Division in Europe has been created and entrusted to Christophe Caudrelier.

The recruitment of a Group Chief Financial Officer is underway and Christophe Caudrelier will continue to perform this role until his successor is appointed.

The creation of this position, reporting to Hervé Gastinel, who is also CEO of the Boat Division, is in line with the Transform to Perform plan with a view to accelerating the drive to improve operational efficiency and increase profitability for the core Boat business. The Europe scope includes full hierarchical and functional responsibility for SPBI and CNB in France, Ostroda and Delphia in Poland, and Monte Carlo Yachts in Italy.

As part of this new position within Groupe Beneteau’s organization, the Boat Division brands and the Operations, Supply Chain and Procurement Department will report to him for the European scope. They will continue to report to Hervé Gastinel for the other two regions (Americas and Asia-Pacific).

Christophe Caudrelier joined Groupe Beneteau as Group Chief Financial Officer in 2015. He began his career in 1991 with Arthur Andersen as an external auditor. Three years later, he moved to Valeo, where he held a number of positions over 17 years within the Finance Department, in the US, Turkey and the UK. In 2004, he was appointed Chief Financial Officer of the electrical systems branch, then lighting and lastly the propulsion systems division in 2009. In 2011, he transferred to DCNS, now Naval Group, as Chief Financial Officer.

Specialized in operational financial issues in demanding international environments, Christophe Caudrelier is an ESCP graduate.

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