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The Board of Directors of Compagnie Lebon has been informed by Mr. Emmanuel Russel, Chief Executive Officer since March 2013, of his decision to leave the Group next 31 March to begin a new stage in his career. The Board of Directors has noted this decision and thanked Mr. Emmanuel Russel for his successful completion of the assignment entrusted to him. The Board stressed the quality of the work accomplished by Mr. Emmanuel Russel and the Compagnie Lebon teams in the last four years.