LECTRA: Lectra appoints Olivier du Chesnay as Chief Financial Officer

Tuesday, September 19, 2017 3:51 PM UTC

FOR IMMEDIATE RELEASE

Lectra appoints Olivier du Chesnay as Chief Financial Officer

Paris, September 19, 2017 - Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, is pleased to announce the appointment of Olivier du Chesnay to the role of Chief Financial Officer.

Deputy Chief Financial Officer of Lectra since May 2013, Olivier du Chesnay was already supervising management control, statutory consolidation and audit, headquarters' accounting, cash flow, credit management and change risk management, as well as more recently sales administration.

"Over the past four years, Olivier du Chesnay has successfully led many projects to improve our processes, while at the same time coordinating the Group's financial management with rigor, efficiency and leadership. He will support the company to achieve the financial objectives articulated in Lectra's new strategic roadmap," states Daniel Harari, Chairman and Chief Executive Officer, Lectra.

"I am confident about the growth prospects for the company, which are empowered by sustained investments in innovation. This commitment will reinforce Lectra's leadership and customer value proposition, by facilitating the implementation of Industry 4.0 principles for its customers," underlines Olivier du Chesnay. "I am delighted to support the Group through this new strategy, one which will open a new page in Lectra's history."

Prior to joining Lectra, Olivier du Chesnay acquired 15 years' experience in financial positions at the heart of major groups Saint-Gobain, Accenture, Sperian Protection and Honeywell Safety Products, where he was Financial Director for the EMEA and India division from 2010 to 2013. Olivier du Chesnay is a graduate of the EDHEC business school and the London School of Economics.

About Lectra

Lectra is the world leader in integrated technology solutions (software, automated cutting equipment, and associated services) specifically designed for industries using fabrics, leather, technical textiles, and composite materials to manufacture their products. It serves major world markets: fashion and apparel, automotive, and furniture as well as a broad array of other industries. Lectra's solutions, specific to each market, enable customers to automate and optimize product design, development, and manufacturing. With more than 1,600 employees, Lectra has developed privileged relationships with prestigious customers in more than 100 countries, contributing to their operational excellence. Lectra registered revenues of $288 million in 2016 and is listed on Euronext.

For more information, please visit www.lectra.com

Contact - Lectra Headquarters / Press Dept.: Nathalie Fournier-Christol
E-mail: [email protected]
Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/ecf986e4-3bc8-4c49-aa39-e791e197f2af

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LECTRA: Lectra appoints Olivier du Chesnay as Chief Financial Officer

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