The Executive Board

The Supervisory Board appoints members of the Executive Board to four-year terms on the recommendation of its Chairman. Currently, the Executive Board is comprised of two members: Laurent Mignon and David Darmon.

To carry out its assignments, the Executive Board is assisted by four committees: the Management Committee, which handles operational management, and the Investment and Development Committee, which studies and recommends investment projects, selected based on analyses by the investment team and which monitors the portfolio companies. Based on recommendations from the Investment and Development Committee and relevant teams, the Executive Board makes decisions, which are presented to the Supervisory Board. There is also a Coordination Committee, which ensures that information is shared between teams at Wendel’s various locations, and an ESG Steering Committee is in charge of tracking the ESG performance of Wendel and its portfolio companies.

Executive Board

The Executive Board meets at least once every two weeks. During these meetings, the Board makes decisions related to the Group’s day-to-day operations: investments and divestments, financial position, internal organization, and other matters.

Executive Board Advisor: Christine Anglade Pirzadeh

The Executive Board has the broadest powers to act on the Company’s behalf under all circumstances.

It exercises these powers within the limits of the Company’s purpose.

The Executive Board draws up and presents strategy, its quarterly report on the Company’s position and outlook, as well as the annual and quarterly financial statements. Each quarter, the Executive Board informs the Supervisory Board of the change in net asset value (NAV) per share.

Laurent Mignon

Group CEO

Vice-Chairman of Bureau Veritas’ Board of Directors

David Darmon

Member of the Executive Board, Group Deputy CEO

Chairman of Constantia Flexibles’ Board of Directors

Laurent Mignon

Group CEO

Vice-Chairman of Bureau Veritas’ Board of Directors

Laurent Mignon is Wendel’s Group CEO since December 2^nd, 2022.

Before joining Wendel, Laurent Mignon served at Groupe BPCE from 2009 to 2022, where he was Chief Executive Officer of Natixis and a member of the Executive Management Committee of BPCE (including a member of the Management Board since 2013) from 2009 to May 2018, and Chairman of the Executive Board of Groupe BPCE from May 2018 to December 2022. He was also Chairman of the Board of Directors of Natixis, Director of CNP Assurances and Censor of Fimalac.

Laurent Mignon worked for Banque lndosuez for over ten years, first in capital markets, then in corporate and investment banking. In 1996, he joined Banque Schroders in London, then AGF (Assurances Générales de France) in 1997 as Chief Financial Officer. He was appointed to the AGF Executive Committee in 1998, then as Deputy Chief Executive Officer in charge of Banque AGF, AGF Asset Management and AGF lmmobilier in 2002, then in charge of life insurance and financial services and credit insurance in 2003. In 2006, he was appointed Chief Executive Officer and Chairman of the Executive Committee. From 2007 to 2009, he was a Managing Partner at Oddo & Cie.

In addition to his functions within the Wendel Group, Laurent Mignon sits on the Board of Directors of Arkema and AROP (Association pour le rayonnement de l’Opéra National de Paris) and is a non-voting member of Oddo BHF.

Laurent graduated from HEC in 1986 and from the Stanford Executive Program.

David Darmon

Member of the Executive Board, Group Deputy CEO

Chairman of Constantia Flexibles’ Board of Directors

David Darmon is Wendel’s Group Deputy CEO since September 9^th 2019. He joined Wendel in 2005.

In December 2020, Wendel’s Supervisory Board decided to reappoint the Executive Board for a period of four years from April 7, 2021 to April 6, 2025.

David joined the Executive Board in September 2019. This appointment to the Executive Board comes after spending several years in the United States where he opened the New York office. David is now located in Paris as part of his duties as a member of the Executive Board.

David has led numerous investments for the Group. He participated in the investment and oversight of companies such as Allied Universal, CSP Technologies, Deutsch Group, and Stallergenes. David also initiated several investments in the technology sector.

David opened the New York office (Wendel North America), which he led from 2013 until September 2019, when he joined the Executive Board. From 2013 to 2019, Wendel invested approximately $1 billion in the United States.

David previously served as Wendel’s corporate Secretary to the Supervisory Board.

Before joining Wendel, David was a Director of Apax Partners in Paris, where he specialized in LBO transactions for six years. He began his career in M&A at Goldman Sachs in London.

He is a graduate of ESSEC and holds an MBA from INSEAD.

Executive Vice-Presidents

Jérôme Michiels

Executive Vice-President
Chief Financial Officer
Director of Wendel Growth

Board Member of Bureau Veritas

MOSAIQUE_WORDAY_127_Felicie-Thion-de-la-Chaume_WENDEL

Félicie Thion de la Chaume

Executive Vice-President
Managing Director

Board Member of Stahl

Jérôme Michiels

Executive Vice-President
Chief Financial Officer
Director of Wendel Growth

Board Member of Bureau Veritas

Jérôme Michiels is the Group’s Executive Vice-President and CFO. He is also Director of Wendel Growth, member of Wendel’s Management Committee and a voting member of the Investment and Development Committee. He joined Wendel in 2006. He is a Board Member of Bureau Veritas.

Jérôme joined Wendel at the end of 2006 as Investment Director and was promoted to Director in January 2010. He was appointed Managing Director on January 1, 2012 and joined the Investment Committee at this date. Jérôme was appointed Executive Vice-President on September 11, 2019, after being appointed Chief Financial Officer of the Wendel group on October 1, 2015.

From 2002 to 2006, he was an Associate at the investment fund BC Partners. Prior to that, he worked as a consultant at Boston Consulting Group from 1999 to 2002, carrying out strategic missions in Europe, particularly in the fields of distribution, transportation, telecommunications and financial services.

Jérôme is a graduate of HEC.

Félicie Thion de la Chaume

Executive Vice-President
Managing Director

Board Member of Stahl

Félicie Thion de la Chaume is an Executive Vice-President and Managing Director. She is a member of the Investment and Development Committee and the Management Committee and a Board Member of Stahl. She joined Wendel in 2007, as an Associate part of the Paris investment team.

Félicie started her career at Goldman Sachs on the firm’s French M&A team between 2003 to 2006.
Since she joined Wendel, she has been involved in several transactions including Deutsch Group, Helikos, Saham and Stahl.

Félicie relocated to the United Kingdom in 2016 to contribute to the opening of the London office, an office which she later headed until 2020.

In September 2019, Félicie was promoted to Executive Vice-President. Since September 2020, Félicie has joined the Paris investment team in line with the Group’s strategy to concentrate its teams in France, Luxembourg and New York.

She is a graduate of ESCP Europe.

The Executive Board

Executive Board

Executive Vice-Presidents

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