Manitou Group announces update in Executive committee

Manitou Group announced a change in its Executive committee with the creation of two positions: Chief Transformation & Governance Officer and Chief Financial Officer. These positions are held by Hervé Rochet and Céline Brard, respectively.

Over the past five years, Manitou Group has seen growth in sales (+50%) and headcount (+30%). This dynamic performance has been achieved in a world of perpetual change, where environmental, social, digital and human issues are now paramount. To meet these challenges while continuing its transformation, Manitou Group has decided to reorganize its Executive committee.

Hervé Rochet, who has held the position of Corporate Secretary - CFO of the group since 2014, is appointed Chief Transformation & Governance Officer. This role will enable the group to accelerate its transformation, address digital, human and reputational challenges while ensuring the integrity of its governance framework.

The position of Chief Financial Officer is created effective immediately, and is held by Céline Brard. Her role will be to position the Finance function as a priority lever in the development of profitable and sustainable growth. Céline Brard has spent her career in highly competitive international environments, notably with KPMG for 9 years and with Valeo for over 24 years. During her time at Valeo, Céline Brard has had financial responsibility for several geographical zones around the world.

Michel Denis, President & CEO of Manitou Group, comments: "With the strong growth our group has experienced in recent years, and the ever-increasing challenges of sustainability, I have decided to adapt the organization of our Executive committee to best support our business. This change responds to two needs identified by Manitou Group. Firstly, to strengthen the strategic and financial management of our business in order to structure and support our growth efficiently; and secondly, to accelerate our transformation and that of our stakeholders by anticipating and supporting the changes and needs of our society. This is how we will continue to set the world in motion."