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Schneider Electric SA Proposes Evolution of Governance Structure


Tuesday, 18 Dec 2012 12:34pm EST 

Schneider Electric SA announced that it has decided to propose a modification of the Group's governance structure at the next Annual Shareholder's meeting, to be held on April 25, 2013. The Group will adopt a single board structure with a Board of Directors (Conseil d'Administration), provided it is approved by shareholders, and intends to name Jean-Pascal Tricoire as Chairman and Chief Executive Officer.