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Lundi 6 octobre 2014 tagCorporate

Xavier Hürstel elected Chairman and Chief Executive Officer of the PMU

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At an Extraordinary Meeting of the General Assembly of the PMU held October 6, 2014, Xavier Hürstel was elected Chairman and Chief Executive Officer of the PMU by recommendation of the two parent companies of racing, France Galop and LeTrot. He assumes his duties as Chairman and Chief Executive Officer effective immediately.

At the conclusion of the General Assembly, Xavier Hürstel stated:

"The confidence given by members of the General Assembly will allow me to continue the transformation of the company through the implementation of the plan ‘PMU 2020’ for which along with all employees of the PMU we have invested two years. I know I can count on all the teams at the PMU to meet the challenges ahead including the transformation and digitalization of the network of outlets, International development and to contribute through our customer service toward the development of the equine industry."

Xavier Hürstel was Managing Director of the PMU from April 2008, re-elected in 2009 and then, in 2012, announced to the General Assembly his resignation from the public service.

Mr Hürstel is a Graduate of the Institut d'Etudes Politiques in Paris and the University of Paris IX Dauphine and is also an alumnus of the Ecole Nationale d'Administration. He began his career at the Ministry of Economy and Finance as a civil administrator and was later appointed Financial Attaché at the Permanent Representation of France to the European Union in Brussels. Mr Hürstel was also an advisor to the Minister of Economy and Finance and the Minister for the Budget and an adviser to the Prime Minister.

Xavier Hurstel joined the PMU in March 2008 as Managing Director. On April 5, 2012, his mandate was renewed for 4 years by order of Philippe Germond, Chairman and CEO.

Xavier Hürstel is 45 years of age. He is married and the father of 4 children.

Lundi 6 octobre 2014 tagCorporate
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