Schneider Electric Proposes three New Independent Directors
February 14 2019 - 2:03AM
Dow Jones News
By Cristina Roca
Schneider Electric SE (SU.FR) said Thursday that it will
recommended three new independent directors and that two directors
will leave its board after the next annual shareholders'
meeting.
The French energy-management company said it was proposing the
appointments of Carolina Dybeck Happe, Xuezheng Ma and Lip-Bu Tan
as independent directors.
These recommendations are in line with Schneider's plan to
increase the geographical diversity of its board, the company
said.
Two current members of its board of directors Betsy Atkins and
Antoine Gosset-Grainville, don't wish to stay on the board beyond
the next annual shareholders' meeting on April 25, Schneider
said.
If its recommendations are approved, Schneider's board of
directors will be comprised of 46% women and 71.5% non-French
origin directors, Schneider said.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
February 14, 2019 01:48 ET (06:48 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Schneider Electric (EU:SU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Schneider Electric (EU:SU)
Historical Stock Chart
From Apr 2023 to Apr 2024
