3S PHOTONICS Group nominates Jean-Michel Bonard as Managing Director of its French subsidiary

Date Announced: 06 Apr 2011

Optoelectronic component and systems group is aiming to reach a turnover of 50-55 million euros this summer.

Paris, April 6, 2011 – 3S PHOTONICS Group nominates Jean-Michel Bonard as its new Managing Director for France, and the creation of 3 new transversal positions within the group’s board.

Following the acquisition of the Canadian company Avensys Inc. in February 2010, this announcement illustrates the group’s desire to capitalize on existing synergies between its various entities and to launch a policy for diversification, geographical expansion and strategic partnerships which will reinforce its international position. The group’s ambition is to reach a consolidated IFRS turnover of between 50 and 55 million euros before this summer.

“The 3S PHOTONICS Group is rising and reorganizing itself in order to meet the ambitious goals we’ve set for the coming months and years”, explains Alexandre Krivine, President & CEO of the 3S PHOTONICS Group. “We are pursuing our efforts to further improve profitability within our various subsidiaries, maximize the company’s performance and support our teams through sales development.”

To strengthen the collaboration between all entities and benefit from each of their expertise, this new organisation also involves three new transversal and strategic positions within the group’s board:

- Jean-Pierre Hirtz, Business Development Director
- Geoffroy Morel, Chief Financial Officer
- Fotis Konstantinidis, Vice-President of Sales

Jean-Michel Bonard joined 3S PHOTONICS in July 2009 as Deputy General Manager in charge of company operations. At the same time, he took on the responsibility of the finance department. Before joining the group, he began his career as an Export Manager for Katun Corp, an international professional space equipment provider.

In 2001, he joins GE Capital Finance as Regional Manager for the South for 7 years. End of 2007, he creates JMB Conseils, a financial consulting firm for major telecom and IT companies. Jean-Michel Bonard graduated from ESIAE/EMI in Paris and holds an MBA from the Schiller International University in Florida.

Source: 3S Photonics

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