ESI Group Formalizes the Transformation of Its Management Organization in Line with Its New Value Proposition

Regulatory News:

ESI Group (FR0004110310 – ESI) (Paris:ESI), leader and pioneer in Virtual Prototyping solutions, today announced the transformation of its management and operational organization, in line with the adaptation of its new Hybrid TwinTM solutions, representing the industrial Product in its development phase (traditional PLM), but also in its ‘in-service’ operational conditions (Product Performance LifecycleTM, “PPL”), as part of its global “Objective 2020” strategy. This transformation aims to bring the Group’s business and executive management in line with ESI’s new value proposition, based on the pace and disruptive evolution needs of its industrial customers. The Group’s organization is now structured, in alignment with the challenges of the Industry 4.0 and Smart Factory and the Outcome Economy, around three business pillars: “Engineering” (design and development of industrial Products), “Manufacturing” (manufacturing of Products) and “In-Service” (usage, control and maintenance of Products, from launch to withdrawal).

In this context and to support this fundamental reorganization, Christian Matzen, GEC member, is promoted to Executive Vice-President “Sales and Marketing” (EVP S&M), and Dominique Lefebvre is appointed Director of Edition Product Operations and joins the GEC.

These executive corporate management changes follow the recent appointment of Angelita Reyes as the Group Human Resources Director, GEC member, who is already actively involved in the Group’s structural reorganization plan.

The constitution of ESI’s Group Executive Committee is now fully aligned with the Group’s new strategic vision from Virtual Prototype to Hybrid TwinTM, and now gathers the following members (from left to right):

• Christian Matzen – Executive Vice-President Sales and Marketing
• Corinne Romefort-Régnier – Corporate Governance Director
• Christopher St.John – COO, Distribution and Support Operations
• Alain de Rouvray – Chairman and Group Chief Executive Officer
• Vincent Chaillou – Board member, COO and President Edition Operations
• Dominique Lefebvre – Edition Product Operations Director
• Angelita Reyes – Group Human Resources Director
• Mike Salari – Executive Vice-President Engineering Services

Christian Matzen – Executive Vice-President Sales and Marketing

Dominique Lefebvre - Director of Product Operations

Read all of our Group Executive Committee members’ biographies.

Read all of our press releases at: www.esi-group.com/presse

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About ESI Group

ESI Group is a leading innovator in Virtual Prototyping software and services. Specialist in material physics, ESI has developed a unique proficiency in helping industrial manufacturers replace physical prototypes by virtual prototypes, allowing them to virtually manufacture, assemble, test and pre-certify their future products. Coupled with the latest technologies, Virtual Prototyping is now anchored in the wider concept of the Product Performance Lifecycle, which addresses the operational performance of a product during its entire lifecycle, from launch to disposal. The creation of Hybrid TwinTM, leveraging simulation, physics and data analysis, enables manufacturers to deliver smarter and connected products, to predict product performance and to anticipate maintenance needs.

ESI is a French company listed in compartment B of Euronext Paris. Present in more than 40 countries, and addressing every major industrial sector, ESI Group employs about 1200 high-level specialists around the world and reported annual sales of €141 million in 2016.

For further information, go to www.esi-group.com.

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