With the reorganization of Arc’s financial structure now complete, Xavier Roy-Contancin, Group CFO, has made the decision to retire effective February 28, 2021. Xavier, who joined Arc in 2019, with the primary focus of leading an ambitious finance transformation and modernization plan, will remain a member of Arc’s Board of Directors.
Group Management would like to warmly thank him for the high-quality support he has shown during this transformation, in particular by assisting to obtain the financing agreements that were extremely important for the sustainability of the company.
Éric Trupin, currently CFO Europe & Group CIO, will succeed him as Group CFO/CIO. This appointment will be effective January 1, 2021 with Xavier supporting Éric in his new duties to ensure a smooth transition in the interim. In addition to Éric’s current responsibilities for Europe and Group IT, his new scope now gives him accountability for all Group Finance activities.
“We are pleased that Éric has accepted this role within the Group. Given his success in managing the Europe Finance function and Group IT, we are confident in his ability to continue to progress the work of the Group Finance team. Xavier’s expertise was extremely valuable for the Group during this challenging period, which confronted us with many obstacles, both structural and economic. We are delighted that he will continue on as a member of our Board”, explains Nick Hodler, Group CEO.
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