As Cromology’s shareholder since 2006, Wendel has carried out a strategic evaluation with its subsidiary. As a result, Cromology has refocused the scope of its activities on Europe and North Africa and launched an ambitious program to transform itself and improve its operating and financial performance. As part of this program and in agreement with Cromology CEO Gilles Nauche, Wendel felt that now was the appropriate time to strengthen the company’s senior management.
With this in mind, it was decided to appoint a new Chairman, Pierre Pouletty, who joins the group on June 12, 2018, and a new chief executive, who will be named between now and September. Mr. Nauche will ensure the transition until that time.
Read more : Senior management change at Cromology