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Mersen Board of Directors

The Board

The President and the members

01. Olivier Legrain, Chairman - Independent member

Olivier Legrain, Chairman - Board Mersen

01. Olivier Legrain, Chairman - Independent member

Olivier Legrain began his career with Rhône-Poulenc, where he held executive positions in various business units. He then joined Lafarge as a member of its executive committee, in charge of specialty materials and strategy. He later became Chairman of Materis, after organizing its exit from the Lafarge group.

02. Emmanuel Blot, Representative of Bpifrance Participations

Emmanuel Blot, Representative of Bpifrance Participations - Mersen board

02. Emmanuel Blot, Representative of Bpifrance Participations

Emmanuel Blot is 36 years old. He started his career as a sell-side analyst in the capital goods sector, first at Bryan, Garnier & Co and then at Oddo BHF, covering industrial and aerospace companies. In 2012, he joined Fonds Stratégique d’Investissement, which became part of Bpifrance in 2013, and is currently Investment Director in the Large Cap division, with a focus on listed investments. He has been part of the team monitoring Mersen at Bpifrance for nearly ten years.

03. Pierre Creusy, Representing employees

Pierre Creusy, Representing employees - Mersen board

03. Pierre Creusy, Representing employees

Pierre Creusy joined Mersen in 1986. He held positions in production engineering and subsequently in product management before joining Mersen’s Corporate Finance. He took on business responsibilities in Asia in 1999 and was Director of Strategic Projects and Integrated Business Planning in the Electrical Power segment. Since May 2021, he is Director of Industrial Performance & Health, Safety and Environment for the Electrical Power Segment.

04. Michel Crochon, Independent member

Michel Crochon, Independent member - Mersen board

04. Michel Crochon, Independent member

Michel Crochon has spent the majority of his career at Schneider Electric, where he held various industrial, commercial and development-related positions, in Europe and Asia. During his 12 years as a member of the group's executive committee, he headed up several business units. In his most recent position, he was in charge of corporate strategy and technology.

05. Carolle Foissaud, Permanent representative of Bpifrance Investissement

Carolle Foissaud, Independent member - mersen board

05. Carolle Foissaud, Permanent representative of Bpifrance Investissement

Carolle Foissaud has spent the bulk of her career with the Areva Group, primarily in operational positions within the Connectors, Fuel, Reactors and Cleanup units. She had been Chairman and CEO of Areva TA and Director of the Propulsion and Research Reactors Business Division until beginning of 2017. She has been Chief Executive Officer of the Industry segment at Bouygues Energies & Services and CEO of the Specialties Division at Equans France. In January 2024, she resigned as an independent director of Mersen and became permanent representative of Bpifrance Investissement.

06. Emmanuelle Picard, Independent member

Emmanuelle Picard, Independent member

06. Emmanuelle Picard, Independent member

Emmanuelle Picard has more than 20 years of industry experience with international responsibility, gained in strategy, marketing and executive management positions. In particular, she spent nearly 15 years with the Saint-Gobain group, where her positions included Managing Director of the Abrasive Wheel Reinforcement business and then of Saint-Gobain Adfors Industrial Fabrics Europe. She was also Managing Director, Performance Additives, for the EMEA region at Imerys.

07. Denis Thiery, Independent member

Denis Thiery, Independent member - Mersen board

07. Denis Thiery, Independent member

Denis Thiery worked at Wang France between 1984 and 1991, where he held various different posts, including Chief Financial Officer from 1989. From 1991 through 1997, he served as Chief Financial Officer and then Chief Executive Officer of Moorings, a world leader in boat charters based in the United States. He then joined the Neopost group as Group Chief Financial Officer in 1998 where he served as Group Chief Executive Officer from 2007 through 2018 and Chairman of the Board of Directors from January 2010 until July 2019.

08. Luc Themelin, Chief Executive Officer

Luc Themelin, Mersen CEO

08. Luc Themelin, Chief Executive Officer

Luc Themelin is Mersen’s Chief Executive Officer since May 11, 2016. He was Chairman of the Management Board between August, 2011 and May 2016.
He joined the Mersen group in 1993 as a Research and Development engineer. He was appointed Director of the Braking Division in 1998 and Director of the High Temperatures Division in 2004. He joined the Executive Committee in 2005, while continuing to manage the Braking Division and overseeing the High Temperatures Division. On July 1, 2008, Luc Themelin was appointed as Supervisor of the Electrical Applications division and a member of the Management Board in May 2009.

Luc Themelin holds a Ph.D. in ceramic materials science.

09. Jocelyne Vassoille, Independent member

Jocelyne Vassoille, Independent member Mersen board

09. Jocelyne Vassoille, Independent member

Jocelyne Vassoille is 58 years old. She began her career in aeronautics and HR consulting before joining the Danone group, where she held HR positions both in and outside France. She then joined LVMH as Director of Human Resources in charge of Group Talent and Acquisition, as well as the Selective Distribution, Perfumes and Cosmetics divisions, before being appointed Director of Human Resources at Parfums Christian Dior. She was then appointed Director of Human Resources, CSR and Communications at Vivarte. She was Director of Human Resources of L’Oréal’s Research & Innovation division before being appointed Vice President, Human Resources and a member of the Executive Committee of the Vinci group.

Board of Directors's Committees

To control two specific areas of governance that are strategically important for the Group, the Board of directors has set up two committees, namely the Audit and Accounts Committee and the Governance, Nomination and Remuneration Committee.

The Board has designated a director responsible for CSR (Emmanuel Blot). Another director is in charge of coordinating strategic issues (Michel Crochon).

Audit and Accounts Committee

Chairman: Denis Thiery
Members: Michel Crochon, Emmanuel Blot, Emmanuelle Picard

Governance, Nomination and Remuneration Committee

Chairman: Jocelyne Vassoille
Members: Carole Foissaud, Pierre Creusy, Olivier Legrain, Denis Thiery

Internal Control

The Executive committee of Mersen designs and supervises internal control policy and arrangements. Each business unit manager is then responsible for implementing them. A handbook listing all the minimum internal control procedures is circulated to the entire Group.