Rexel's Renewed Leadership: Powering Up for the Energy Transition

Rexel, a global leader in the professional distribution of energy products and services, has recently announced a significant renewal of its Board of Directors and the Chief Executive Officer (CEO). This strategic move is set to strengthen the company's commitment to its PowerUP 2025 roadmap and accelerate its growth in the energy transition market. Let's dive into the implications of these changes and what they mean for Rexel's future.



The Board of Directors has decided to renew the terms of office for Marcus Alexanderson, Guillaume Texier, and Agnès Touraine for another four years. Additionally, Guillaume Texier's term of office as CEO has been renewed in advance, effective from the close of the Shareholders Meeting on April 29, 2025. This decision reflects the Board's confidence in the current leadership and their ability to drive the company's strategic objectives.



The renewal of the Board and CEO comes at a critical juncture for Rexel, as the company continues to execute its PowerUP 2025 roadmap. This strategic plan aims to deliver robust, balanced, and ambitious financial and environmental objectives by 2025. The renewed leadership is well-versed with the plan and will continue to drive its achievement, unlocking further value in Rexel's core model and becoming a leader in ESG, energy transition solutions, and services.

One of the key priorities of the PowerUP 2025 roadmap is to become a distinct leader in ESG across the value chain. Rexel's commitment to ESG leadership is already recognized by various SRI indices, such as FTSE4Good, Dow Jones Sustainability Index Europe, Euronext Vigeo Europe 120 and Eurozone 120, STOXX® Global ESG Environmental Leaders, and S&P Global Sustainability Yearbook 2022. The renewed leadership is expected to further strengthen Rexel's commitment to CSR and sustainability initiatives, driving the company towards its ESG goals.



Another key aspect of the PowerUP 2025 roadmap is the company's commitment to strategic acquisitions and a share buyback program. The renewed leadership is committed to creating further value for shareholders through disciplined bolt-on acquisitions and a share buyback program. This aligns with Rexel's objective of enhancing profitability and delivering higher organic growth.

In conclusion, Rexel's renewal of its Board of Directors and the Chief Executive Officer is a strategic move that signals the company's commitment to its PowerUP 2025 roadmap and its ongoing energy transition initiatives. The renewed leadership brings continuity, experience, and a strong commitment to the company's strategic objectives, including ESG leadership, strategic acquisitions, and shareholder value creation. As Rexel continues to execute its strategic roadmap, investors can expect the company to remain a strong player in the energy distribution market, driving growth and value for its shareholders.