Carole Ferrand succeeds Aiman Ezzat as Group CFO of Capgemini
Carole Ferrand has been named Capgemini’s new Group Chief Financial Officer (CFO). She succeeds Aiman Ezzat, who earlier this year transitioned to the role of Chief Operating Officer alongside Thierry Delaporte.
Founded in 1967, Capgemini is today one of the globe’s largest business and technology consulting companies, with over 200,000 professionals in over 40 countries.
At the helm of Capgemini stands Paul Hermelin, Chairman and CEO. He was appointed to the role in 2002, and last year received a vote of confidence from the firm’s shareholders and management team when he was granted another four year term at the top of the €12.8 billion company. In his latest change at the top of the company’s governance, Hermelin has transitioned Aiman Ezzat from CFO to COO. Incumbent COO Thierry Delaporte now focuses on Group transformation, while newcomer Aiman Ezzat focuses on Group performance.
To fill the gap left by Ezzat, Capgemini this month brought Carole Ferrand on board from Artémis Group, the holding company of the Pinault family – most known for their controlling stake in Kering, Fnac and several French wines. At Artémis, Ferrand held the position of Financial Director, leading the finance department and in charge of a number of strategic and financial programmes. Prior to that, she was Group Chief Financial Officer of the Europacorp Group and spent over a decade at Sony, which he joined in 2000. Ferrand started her career at accounting and consulting firm PwC in 1992, where she was an auditor and later a financial advisor in the firm’s Transaction Services division.Commenting on the appointment of Ferrand, who is a graduate of the Ecole des Hautes Etudes Commerciales, Capgemini CEO Hermelin said, “Carole has a strong track record in both operational and strategic financial matters. She now leads a world-class finance function at Capgemini and I am very much looking forward to the value that she will bring to the Group as a whole, in building further its leadership position in the market.”
Ferrand’s appointment is considered a safe bet by observers. Between May 2016 and May 2018 she served as a non-executive member of Capgemini’s global Board of Directors – in the period she gained extensive insights into the firm’s performance and more importantly ambitions for the coming years. Ferrand: “I am delighted to have joined the leadership team of a Group that I know well. I am looking forward to applying my experience in finance to play an instrumental role in supporting the Group’s focused development strategy across the globe.”
With a value of €4.5 billion, France is Europe’s third largest management consulting industry, trailing just the UK and Germany. Capgemini Consulting, the strategy and management arm of Capgemini, is one of the leading consultancy players in the French market.