Nexans Management Takes Voluntary Paycut

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Reduced remuneration for the CEO, members of the Board of Directors and management as a sign of solidarity and for social cohesion.

Christopher Guérin, CEO of Nexans, has committed to reducing his compensation by 30% for the months of April and May 2020. The other members of the Executive Committee have agreed to reduce theirs by 15% over the same period, and the Group’s top managers will be asked to join in this effort as well. The members of the Board of Directors and its Chairman, Jean Mouton, will similarly reduce their remuneration by 30%, for the months of April and May 2020. Remote working has been implemented for all positions where possible. We will only use partial unemployment according to the needs identified, for periods as limited as... ... More: Official Press Release Nexans

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