– FRANCE, Paris – Anevia’s Board of Directors unanimously co-opts Frédéric Rombaut as a Non Executive Director of the Board at its 15 February 2016 meeting.
This appointment followed Seventure Partners’ resignation from its director’s position.
Seventure Partners, a longstanding Anevia shareholder represented by Bruno Rivet, has supported the Company’s development since 2009 and holds a stake in it through several retail venture capital funds (FCPIs). It increased that stake by subscribing to Anevia’s most recent capital increase in July 2015, during which it exercised its full pre-emptive rights.
“Seventure Partners’ resignation from the Board of Directors does not call into question the confidence we have in management. Since becoming CEO of Anevia, Laurent Lafarge has demonstrated he is the right person to restore the company’s momentum and sustain it over the long term, and we remain fully confident of his abilities. In addition, the appointment of a new independent director will improve governance. Frédéric Rombaut’s expertise and keen understanding of Anevia’s sector will be key assets in the company’s future strategic decisions,” said Bruno Rivet, Investment Manager at Seventure Partners.
“I would like to extend our sincere thanks to Bruno Rivet, who represents Seventure Partners, for his commitment and contributions to the Board’s work over the last few years,” added Laurent Lafarge, Chairman and Chief Executive Officer of Anevia.
Frédéric Rombaut is Managing Director and Head of Corporate Development – International at Cisco Systems, where he is responsible for Strategy, Mergers and Acquisitions, and Investments.
Rombaut is a Senior Executive specialised in Private Equity investments in International Technology companies. Over the past 25 years, Rombaut has served on over 35 board director seats and made over 60 equity investments for more than USD 12 Billion across the technology, telecoms and media sectors.
Before joining Cisco in 2012, Rombaut was with QUALCOMM Inc. where he launched and led European Investments and M&A activities during 6 years. Previously Rombaut was a Board Director, Senior VP and CFO at Noos, the French major cable operator, acquired by Liberty Global (today SFR), and spent 6 years at APAX PARTNERS , where he led the Telco investment sector. Earlier in his career, Rombaut launched the Corporate Development division of the Bouygues Group, the worldwide leader in construction, helping with diversifying in the IT industry by co-founding BOUYGUES Telecom (today Orange).
Rombaud received his MBA from the Sorbonne University (IAE Paris), holds a Master of Engineering in Electronics (ECE Paris), and is a senior lecturer at the Trium Global Executive MBA (HEC Paris, LSE, NYU Stern). “I am pleased to welcome Frédéric as the newest member of our Board of Directors. His experience managing global players in the telecom industry and as a board director for major corporates will be critical assets in determining our future strategic directions and supporting our development”, said Laurent Lafarge, Anevia’s Chairman and CEO.
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