Mersen Board of Directors
The Group is led by a Board of Directors. The operational management is under the responsibility of a CEO who relies on an executive committee.
The Board
Chairman and members of the Board
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Olivier Legrain
Chairman - Independent member
Olivier Legrain began his career with Rhône-Poulenc, where he held executive positions in various business units. He then joined Lafarge as a member of its executive committee, in charge of specialty materials and strategy. He later became Chairman of Materis, after organizing its exit from the Lafarge group.
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Emmanuel Blot
Representative of Bpifrance Participations
Emmanuel Blot is 39 years old. He started his career as a sell-side analyst in the capital goods sector, first at Bryan, Garnier & Co and then at Oddo BHF, covering industrial and aerospace companies. In 2012, he joined Fonds Stratégique d’Investissement, which became part of Bpifrance in 2013, and is currently Investment Director in the Large Cap division, with a focus on listed investments. He has been part of the team monitoring Mersen at Bpifrance for nearly ten years.
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Pierre Creusy
Representing employees
Pierre Creusy joined Mersen in 1986. He held positions in production engineering and subsequently in product management before joining Mersen’s Corporate Finance. He took on business responsibilities in Asia in 1999 and was Director of Strategic Projects and Integrated Business Planning in the Electrical Power segment. Since May 2021, he is Director of Industrial Performance and Health, Safety and Environment for the Electrical Power Segment.
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Carolle Foissaud
Permanent representative of Bpifrance Investissement
Carolle Foissaud has spent the bulk of her career with the Areva Group, primarily in operational positions within the Connectors, Fuel, Reactors and Cleanup units. She had been Chairman and CEO of Areva TA and Director of the Propulsion and Research Reactors Business Division until beginning of 2017. She has been CEO of the Industry segment at Bouygues Energies and Services and CEO of the Specialties Division at Equans France. In January 2024, she resigned as an independent director of Mersen and became permanent representative of Bpifrance Investissement. Today, she is Deputy Chief Executive Officer of Teréga.
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Emmanuelle Picard
Independent member
Emmanuelle Picard has more than 20 years of industry experience with international responsibility, gained in strategy, marketing and executive management positions. In particular, she spent nearly 15 years with the Saint-Gobain group, where her positions included Managing Director of the Abrasive Wheel Reinforcement business and then of Saint-Gobain Adfors Industrial Fabrics Europe. She was also Managing Director, Performance Additives, for the EMEA region at Imerys.
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Denis Thiery
Independent member
Denis Thiery worked at Wang France between 1984 and 1991, where he held various different posts, including Chief Financial Officer from 1989. From 1991 through 1997, he served as Chief Financial Officer and then Chief Executive Officer of Moorings, a world leader in boat charters based in the United States. He then joined the Neopost group as Group Chief Financial Officer in 1998 where he served as Group Chief Executive Officer from 2007 through 2018 and Chairman of the Board of Directors from January 2010 until July 2019.
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Luc Themelin
Chief Executive Officer
Luc Themelin is Mersen’s Chief Executive Officer since May 11, 2016. He was Chairman of the Management Board between August, 2011 and May 2016. He joined the Mersen group in 1993 as a Research and Development engineer. He was appointed Director of the Braking Division in 1998 and Director of the High Temperatures Division in 2004. He joined the Executive Committee in 2005, while continuing to manage the Braking Division and overseeing the High Temperatures Division. On July 1, 2008, Luc Themelin was appointed as Supervisor of the Electrical Applications division and a member of the Management Board in May 2009. Luc Themelin holds a Ph.D. in ceramic materials science.
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Jocelyne Vassoille
Independent member
Jocelyne Vassoille is 59 years old. She began her career in aeronautics and HR consulting before joining the Danone group, where she held HR positions both in and outside France. She then joined LVMH as Director of Human Resources in charge of Group Talent and Acquisition, as well as the Selective Distribution, Perfumes and Cosmetics divisions, before being appointed Director of Human Resources at Parfums Christian Dior. She was then appointed Director of Human Resources, CSR and Communications at Vivarte. She was Director of Human Resources of L’Oréal’s Research and Innovation division before being appointed Vice President, Human Resources and a member of the Executive Committee of the Vinci group.
Board of Directors's Committees
To control two specific areas of governance that are strategically important for the Group, the Board of directors has set up two committees, namely the Audit and Accounts Committee and the Governance, Nomination and Remuneration Committee.
The Board has designated a director responsible for CSR (Emmanuel Blot). Another director is in charge of coordinating strategic issues (Emmanuelle Picard).
Audit and Accounts Committee
Chairman: Denis Thiery
Members: Emmanuel Blot, Emmanuelle Picard
Governance, Nomination and Remuneration Committee
Chairman: Jocelyne Vassoille
Members: Carole Foissaud, Pierre Creusy, Olivier Legrain, Denis Thiery
Internal Control
The Executive committee of Mersen designs and supervises internal control policy and arrangements. Each business unit manager is then responsible for implementing them. A handbook listing all the minimum internal control procedures is circulated to the entire Group.