– FRANCE, Ecully – Groupe SEB (EPA: SK) today announced the appointment of Stanislas de Gramont as CEO, effective July 1, 2022, alongside Thierry de La Tour d’Artaise remaining as Chairman of the Board of Directors, following the decision to separate the Chairman and CEO positions.
The Board of Directors is convinced that the proposed change will guarantee the long-term performance of Groupe SEB as well as its values, commitments, and corporate governance. This dual governance, which is relying on the relationship of trust established between Thierry de La Tour d’Artaise and Stanislas de Gramont, will enable the Group to combine long-term vision with operational excellence.
Jean-Noël Labroue, Chairman of the Governance and Remuneration Committees said: “For a long time, our Committee has focused its efforts on the corporate governance of Groupe SEB. To this end, we have adopted a forward-looking and challenging approach, factoring in the dynamic duo formed by the Chairman and CEO, and COO and the cornerstone issues facing the Group in the years ahead. For this reason, on the recommendation of Thierry de La Tour d’Artaise, both the Committee and the Board of Directors considered that Stanislas de Gramont has illustrated all of the required qualities to become the Group’s CEO.”
About Thierry de La Tour d’Artaise
Thierry de La Tour d’Artaise has served as Chairman and CEO of Groupe SEB since 2000. He began his career at Allendale Insurance (United States) in 1976 as Financial Controller.
Thierry then joined the Coopers & Lybrand auditing firm in 1979 as an Auditor before becoming a Manager. In 1983, he moved to the Chargeurs group where he held the successive positions of CFO and CEO of Croisières Paquet.
He went on to join Groupe SEB in 1994, first as CEO and later as Chairman and CEO of CALOR SA. Thierry was then appointed deputy-Chairman and CEO of Groupe SEB in 1999 before being nominated Chairman and CEO in 2000.
Under his leadership since 2000, Thierry de La Tour d’Artaise has developed the world leader in Small Domestic Equipment, successfully quadrupling its revenue.
Throughout his term of office, the Group has completed nearly twenty acquisitions, both in mature and emerging countries, where Groupe SEB intends to keep pace with the development of the middle-class population and their purchasing power.
Thierry de La Tour d’Artaise has also worked tirelessly to scale up the Group’s innovation capabilities to meet the specific needs of consumers in mature and emerging countries, with products and services marketed under nearly 30 renowned brands.
He has successfully overseen the Group’s international expansion while safeguarding manufacturing jobs in France, where Groupe SEB still has 11 industrial sites and employs nearly 6,000 people.
Honors
Knight of the French Legion of Honor (2004)
Officer of the French Legion of Honor (2013)
Commander of the French National Order of Merit (2018)
About Stanislas de Gramont
Stanislas de Gramont joined Groupe SEB in 2018 as COO after heading up Suntory’s Beverage & Food Europe business. Before this, he had spent most of his career at Danone Group in various countries and divisions.
Groupe SEB COO since 2018, Stanislas de Gramont began his career at Orangina.
Stanislas then joined the BSN Gervais Danone Group working within the Brasseries Kronenbourg division.
In 1998, he was nominated Head of the Fresh Dairy Products Division before holding various Senior Management positions in Canada from 2001, in Italy from 2004 to 2008, and in France from 2008 to 2011.
From 2011 to 2014, he became General Manager of Fresh Products Western Europe and North Africa (Belgium, Holland, UK, Germany, Austria, and Morocco).
Then, in 2014, he joined Suntory Group, heading up Suntory Beverage & Food Europe as CEO, in charge of Europe, Africa, the Middle East, and South America.
A graduate of ESSEC Business School, Stanislas de Gramont joined Groupe SEB in 2018 as COO. He is responsible for the Group’s sales and marketing functions worldwide.
With his international business background and global retail expertise, Stanislas provides Groupe SEB with valuable strengths as the Group seeks to step up its profitable growth strategy and accelerate the development of its business activities the world over.
His responsibilities have increased for more than three years. Transitioning from the management of sales activities to marketing and digital strategy, Stanislas de Gramont has contributed to the development and growth of Groupe SEB.
About Groupe SEB
World reference in small domestic equipment, Groupe SEB operates with a unique portfolio of 31 top brands including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, and Supor, marketed through multi-format retailing. Selling more than 360 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service. Present in over 150 countries, Groupe SEB generated sales of €8 billion in 2021 and has more than 33,000 employees worldwide.
For more, visit www.groupeseb.com
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