Ymagis Group Appoints Transition Manager to Accompany Its Financial Restructuring Process

Press ReleaseParis (France) – 9 May, 2019 at 17:45

YMAGIS GROUP APPOINTS TRANSITION MANAGER TO ACCOMPANY ITS FINANCIAL RESTRUCTURING PROCESS

Benoît Jacheet joins the Group’s Finance Department

Ymagis Group (FR0011471291, MAGIS, PEA-PME, TECH 40), the European specialist in digital technologies for the film industry, today announced the appointment, effective immediately, of Benoît Jacheet to the Finance Department, led by Jean Firôme.

Benoît Jacheet was chosen by Ymagis Group’s management team for his expertise and experience in the operational management of financial transitions, which is key in assisting the Group in its current financial restructuring.

Jacheet has extensive experience in company restructuring through improved financial leadership, change management, and skilled handling of complex situations. He has been leading financial transition operations for listed and non-listed companies, mainly medium-sized family companies, for 10 years. Among others, he assisted Wonderbox, Mauna Kea, Movitex (Kering Group) and Promovacances in their respective business transformations.

He previously held financial directorship roles in technology and telecom groups. He was the Financial/HR Director and member of the executive committee of the Imakys Group (formerly Ericsson) from 2006 to 2009, and Financial Projects Manager for Neuf Cegetel from 2000 to 2005, during which time the operator increased its revenue from €100M to €2.5 billion. He had previously held positions in strategic marketing and management control at Cegetel Entreprises, Bouygues Group and IBM, after starting his career in banking as Deputy Manager of the BNP Paribas Indonesia office.

Benoît is a graduate of the ICN Business School–Nancy.

ABOUT YMAGIS GROUPYmagis is a European leader in advanced digital technology services for the cinema industry. Founded in 2007, the Group is headquartered in Paris and has offices in 26 countries with 770 employees. Our core business is structured around four main units: CinemaNext (exhibitor services: sales and field services, software solutions, customer service/NOC), Eclair (content services: postproduction, theatrical delivery, digital distribution, versioning and accessibility, restoration and preservation), Virtual Print Fee (VPF) for finance solutions and other activities, including EclairColor, EclairGame and Virtual Reality. For more information, please visit www.eclair.digital   YMAGIS is listed on Euronext Paris and is part of the CAC Small, CAC Mid and Small and CAC All-Tradable indices.     

Next press release on 13 May 2019, after close of trading: Q1 2019 Revenue

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