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Published on 12:38 GMT

Schneider Electric ousts chief after disagreements over strategy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The board of French industrial group Schneider Electric has replaced its chief executive, citing disagreements about how to …

Source: The Financial Times - Neutral
Published on 22:43 GMT

Schneider Electric Ousts CEO After Disagreements Over Strategy

(Bloomberg) -- Schneider Electric unexpectedly ousted its Chief Executive Officer Peter Herweck after only a year and a half in charge, citing disagreements with the board over the strategic direction of the French maker of energy-management equipment and …

Source: Data Center Knowledge - Label Pending
Published on 17:26 GMT

Schneider Electric propels Nigeria’s industrial automation

Nigeria has faced significant economic challenges, including rising inflation and technological stagnation across key revenue-generating infrastructures in recent years. Despite its diversified economy—anchored by sectors such as oil and gas, agriculture, …

Source: Business Day - Neutral
Published on 20:52 GMT

Meet Olivier Blum, Schneider Electric's New CEO

Despite the company's share price surging more than 50% — 31% in 2024 year alone due to booming demand for energy management solutions driven by AI expansion in data centres and governmental policies favouring electricity only usage — Peter's …

Source: Sustainability Magazine - Neutral
Published on 13:54 GMT

Olivier Blum Named New CEO of Schneider Electric

Olivier Blum has been appointed CEO of Schneider Electric, replacing Peter Herweck, who had only recently taken over the top job at the French energy-management equipment and software maker. The board decided that Schneider Electric’s strategy was not …

Source: Business Chief - Label Pending
Published on 15:37 GMT

Schneider Electric appoints new CEO to take charge of strategy

The board of one of Europe's biggest tech companies has signalled it's looking for a change of direction with the unanimous decision to appoint company veteran Olivier Blum as Chief Executive Officer. Schneider Electric SE has a new chief executive …

Source: Euronews - Neutral
Published on 19:19 GMT

StarCharge and Schneider Electric Solidify Partnership with JV Agreement

Frankfruit, Germany (ANTARA/PRNewswire)- Following the Memorandum of Understanding signed in May 2024, StarCharge, a global pioneer in EV charging and energy storage technology, and Schneider Electric, a global leader in energy management and …

Source: Antara - Gov't Propaganda
Published on 20:05 GMT

Schneider Electric appoints Olivier Blum as CEO

Source: Indian Chemical News - Label Pending
Published on 11:41 GMT

Schneider Electric Launches New Smart Grid Solutions to Strengthen Grid Resiliency, Flexibility, and Manage Net-Zero ...

Schneider Electric, the leader in the digital transformation of energy management and automation, announced its latest innovations at Enlit 2024. Against a backdrop of increasing pressure on the energy sector, the company is delivering end-to-end smart …

Source: AZoCleantech - Neutral
Published on 11:02 GMT

Schneider Electric ousts CEO, appoints Olivier Blum

French energy equipment giant Schneider Electric has removed CEO Peter Herweck. The company, a significant supplier of the data center industry, said that it had appointed long-time employee Olivier Blum as the new chief executive, effective immediately. …

Source: Data Center Dynamics - Neutral