Olivier Millet Departs Eurazeo as Leadership Transition Advances

Olivier Millet, a member of Eurazeo's Executive Board since 2018 and a leading figure in the company's mid-cap and SME investment strategy, has resigned. The decision is part of a strategic leadership transition planned by the company's Supervisory Board, aimed at consolidating a high-performing team under the leadership of Pierre Meignen, who has been with the group for nearly 15 years. Millet's exit marks the culmination of a successful management transition at Eurazeo as the company continues to expand its assets under management, growing from approximately €1 billion in 2017 to €2.5 billion currently.

Millet played a pivotal role in developing Eurazeo’s Small-Mid Buyout investment strategy, transitioning it towards an asset management model. His contributions have been crucial to Eurazeo’s growth, particularly in the healthcare and technology sectors, achieving strong performance metrics compared to industry peers. The Supervisory Board expressed gratitude for Millet’s leadership and dedication to ESG principles.

Following his departure, discussions are ongoing for Millet to remain with the company as a Senior Advisor, ensuring his expertise continues to benefit Eurazeo. The company remains confident in its executive board's capability to execute its long-term strategy, led by co-CEOs William Kadouch-Chassaing and Christophe Bavière and Managing Partner Sophie Flak.