11.06.18
Ingenico Group announced that following the Board meeting held on Nov. 5, 2018, the evolution of the Group’s governance as follows:
Lazare was appointed Board member in 2005, CEO in 2007 and chairman and CEO at the beginning of 2010. In a decade and under his management, Ingenico Group became a global leader in seamless payment with revenues growing from €500 million to more than €2.7 billion, of which more than half is derived from electronic payment transactions.
On the proposal of the compensation, appointments and governance committee, the Board of Directors has decided to dissociate the functions of chairman and CEO. Bernard Bourigeaud, independent director since April 29, 2016, has been appointed the chairman of the board. Huss, previously COO, has been appointed CEO. He has also been appointed as a board member for the remainder of Lazare’s mandate.
Bourigeaud is the founder of ATOS, a company he led for 17 years. He was previously head of Deloitte in France and pursued an international career with PW and Continental Grain in the UK and elsewhere. Today, he is an investor, consultant and associate professor at HEC business school.
Huss joined Ingenico Group in July 2017 as EVP in charge of strategy and performance. In September 2017, he was appointed EVP in charge of the retail business unit. In July 2018, he was appointed group COO.
From 2004 to 2010, he worked for GE Capital in Mexico and Spain, where he has been promoted in 2008 as CEO for GE Money. From 2010 to 2012, he joined Bank of America as SVP in charge of portfolio optimization and risk management. From 2012 to 2013, he was CEO of Avantcard for Spain and Ireland, a subsidiary of Apollo Global Management. From 2013 to 2017, he was the CEO of Visa Europe.
- Dissociation of the functions of chairman and CEO;
- The departure of Philippe Lazare, CEO;
- Appointment of Bernard Bourigeaud as chairman of the board;
- Appointment of Nicolas Huss as CEO and board member.
Lazare was appointed Board member in 2005, CEO in 2007 and chairman and CEO at the beginning of 2010. In a decade and under his management, Ingenico Group became a global leader in seamless payment with revenues growing from €500 million to more than €2.7 billion, of which more than half is derived from electronic payment transactions.
On the proposal of the compensation, appointments and governance committee, the Board of Directors has decided to dissociate the functions of chairman and CEO. Bernard Bourigeaud, independent director since April 29, 2016, has been appointed the chairman of the board. Huss, previously COO, has been appointed CEO. He has also been appointed as a board member for the remainder of Lazare’s mandate.
Bourigeaud is the founder of ATOS, a company he led for 17 years. He was previously head of Deloitte in France and pursued an international career with PW and Continental Grain in the UK and elsewhere. Today, he is an investor, consultant and associate professor at HEC business school.
Huss joined Ingenico Group in July 2017 as EVP in charge of strategy and performance. In September 2017, he was appointed EVP in charge of the retail business unit. In July 2018, he was appointed group COO.
From 2004 to 2010, he worked for GE Capital in Mexico and Spain, where he has been promoted in 2008 as CEO for GE Money. From 2010 to 2012, he joined Bank of America as SVP in charge of portfolio optimization and risk management. From 2012 to 2013, he was CEO of Avantcard for Spain and Ireland, a subsidiary of Apollo Global Management. From 2013 to 2017, he was the CEO of Visa Europe.