– FRANCE, Paris – Publicis Groupe (EPA: PUB) today announced that its Supervisory Board that met today, decided to appoint Michel-Alain Proch as a member of the Groupe’s Directoire, succeeding Jean-Michel Etienne, whose mandate will end on December 31, 2020, as scheduled.
The Supervisory Board also announced the appointment of Patricia Velay-Borrini, unanimously designated by the employee representatives at the Group Committee on October 16th, 2020, as the second member representing Publicis Groupe’s employees on the Supervisory Board.
“With the Board, I am pleased to welcome Michel-Alain Proch whose profile, experience and skills seem to me perfectly adapted to ensure the succession of Jean-Michel “. said Supervisory Board Chairman, Maurice Lévy.
He added: “The Supervisory Board would like to express its warm thanks to Jean-Michel for his long and exemplary collaboration. For my part, with him by my side for the last twenty years, I could only be extremely happy about our collaboration and I have been able to appreciate his human and professional qualities, his great rigor, and his exceptional capacity for work. I wish him all the best for the future and I am delighted that he will be able to ensure a smooth transition”
Michel-Alain Proch will join the Groupe mid-January and will take over the full operational functions of the Chief Financial Officer role, after the closing and presentation of the 2020 financial results mid-February.
Arthur Sadoun, Chairman, and CEO commented: “I am very pleased to welcome Michel-Alain Proch to our team. His 25 years of experience in finance, strategy, integration, and transformation, acquired within major technology groups, and his knowledge of the United States, our largest market, will be valuable assets for Publicis. »
“I would like to sincerely thank Jean-Michel for his unfailing support since I first took on the role of CEO, and for everything he has helped us achieve as a Group over all of these years,” added Arthur Sadoun.
Jean-Michel Etienne will remain with the Group until the summer, as Special Advisor to the Chairman and CEO of Publicis Groupe, and will oversee central services and Re:Sources in particular.
About Michel-Alain Proch
Michel-Alain Proch was appointed CFO of Ingenico in February 2019 until the company was acquired by Worldline in November 2020. Since then, he has been advising its Chairman & CEO on the integration process. Previously, he was SEVP & Group Chief Digital Officer at Atos in 2018 after having led the group’s operations in North America from 2015 to 2017. As EVP and Group CFO of Atos from 2007 to 2015, he led several major M&A operations and successfully co-led the IPO of Worldline. He was recognized by Extel as CFO of the Year (Europe, Software & IT Services) for four years running.
He was a Board Member of Worldline until 2016. He had previously held senior executive roles at Hermès in France and the United-States for 8 years. He started his career as a consultant at Deloitte & Touche in France and the UK.
About Patricia Velay-Borrini
Patricia Velay-Borrini integrated the Group in 1993 and has spent her entire career with it. Within the Supervisory board, she joins Pierre Pénicaud, who has been appointed as a member representing Publicis Groupe’s employees in 2017 by the Group Committee.
About Publicis Groupe
Publicis Groupe is a global leader in communication. The Groupe is positioned at every step of the value chain, from consulting to execution, combining marketing transformation and digital business transformation. Publicis Groupe is a privileged partner in its clients’ transformation to enhance personalization at scale. The Groupe relies on ten expertise concentrated within four main activities: Communication, Media, Data, and Technology. Through a unified and fluid organization, its clients have facilitated access to all its expertise in every market. Present in over 100 countries, Publicis Groupe employs around 80,000 professionals.
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