Editoria e Media
JCDecaux changes its organisation following Jean-Sébastien Decaux's decision to focus on the philanthropic activities of the Decaux family
JCDecaux changes its organisation following Jean-Sébastien Decaux's decision to focus on the philanthropic activities of the Decaux family
Paris, October 28 , 2019 – JCDecaux S.A. (Euronext Paris: DEC), the number one outdoor advertising company worldwide, is changing its organisation following Jean-Sébastien Decaux's decision to devote himself, from 1st January 2020, to the philanthropic activities of the Decaux family.
Therefore, Jean-Sébastien Decaux will leave his operational functions and the Executive Board on 31st December 2019. Nevertheless, he will remain committed to JCDecaux SA, as a shareholder and part of the governance of JCDecaux Holding as well as a member of the Supervisory Board, his appointment being proposed in view of the Annual General Meeting which be held on May 14th 2020.
The territories for which Jean-Sébastien Decaux is responsible will be incorporated within extended regions reporting to Jean-Charles Decaux:
Jean-François Decaux , Chairman of the Executive Board and Co-CEO of JCDecaux, and
Jean-Charles Decaux , Co-Chief Executive Officer of JCDecaux,
said: “We would like to warmly thank Jean-Sébastien for everything he has contributed to the Group since 1998 and we are delighted with his decision to devote himself to the philanthropic activities of our family. We share the need to strengthen our initiatives in this area and build a more ambitious approach in this new project. We continue to build on both the heritage of Jean-Claude Decaux and the duty to perpetuate our family, entrepreneurial and environmental values and pass them on to the third generation. The urgency of today's challenges call for our full, determined and participative commitment. We are certain that Jean-Sebastien will be able to harness the skills and resources necessary to successfully complete this new mission just as he did for 21 years at JCDecaux SA.
We would like to wish every success to the executives, who will now have the opportunity to apply their experience and perfect knowledge of the Group to new and expanded territories which is effective from 1st January.”
Commenting, Jean-Sébastien Decaux , CEO Southern Europe, Belgium and Luxembourg, Africa, Israel and member of the Executive Board of JCDecaux, said: “I am pleased to be able to devote myself to the development of our family's ambitious and socially-responsible project addressing the challenges of our times. Our family, with its high standards and commitment, are fully investing in a field that it is my honour to lead. I will harness its skills and resources and build bridges with JCDecaux SA as well to enhance our social impact.
I hope that all the teams I have had the pleasure of managing will continue to find fulfilment at the company and give their very best, and that those taking over my region will experience as much satisfaction as I have.
Naturally, I will remain fully dedicated to the future of JCDecaux SA.”
Key Figures for JCDecaux
For more information about JCDecaux, please visit jcdecaux.com .
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Communications Department : Agathe Albertini
+33 (0) 1 30 79 34 99 – agathe.albertini@jcdecaux.com
Investor Relations : Arnaud Courtial
+33 (0) 1 30 79 79 93 – arnaud.courtial@jcdecaux.com
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