Nexans Appoints Stéphane Artaud COO as Vijay Mahadevan Moves to Grid Role

Nexans appointed Stéphane Artaud as Chief Operating Officer and member of its Executive Committee, effective November 1, 2026, succeeding Vijay Mahadevan, who will focus on the Group's Grid & Connect Europe activities. GlobeNewswire reported the appointment on October 14, 2026.

Artaud's Mandate at Nexans

Artaud joins Nexans with 30 years of international experience at Saint-Gobain, where he held senior leadership positions in Europe, North and South America, and Asia. Since September 2022 he has served as Vice President of Sekurit OEM Europe. Before that, he led Saint-Gobain Abrasives' operations in South America and served as General Manager of Sekurit North America.

In his new role, Artaud will lead the transformation and performance improvement of Nexans' industrial operations and supply chain worldwide. He will contribute to the implementation of the Group's growth strategy by continuing to modernize and optimize its industrial footprint and strengthening operational excellence.

"Industrial excellence is an essential driver of our growth strategy. Stéphane's international experience, his ability to transform organizations and his expertise in operational performance will be major assets as we continue to modernize our industrial operations and support Nexans' development. I look forward to welcoming him to the Executive Committee," said Julien Hueber, Chief Executive Officer of Nexans.

Artaud is a French national and holds a degree from the École nationale supérieure de chimie de Rennes. He speaks French, English, Spanish and Portuguese.

Earlier Nexans Leadership and Business Moves

On October 12, 2026, Simply Wall St reported that Nexans appointed Amine Houssaim as General Director of its Northwest Africa operations and Noureddine Aouda as Deputy General Director. The same report cited analyst projections of €7.5 billion in revenue and €467 million in earnings by 2029.

On September 9, 2026, Stock Titan reported that Nexans completed a €500 million bond issuance with a 5-year maturity and 4.25% annual interest, listed on Euronext Paris. The proceeds will refinance a €500 million bridge loan from BNP Paribas and Société Générale that funded the Republic Wire acquisition.

On September 3, 2026, AInvest reported that Nexans raised its full-year outlook after reporting H1 2026 results, while free cash flow fell to €165.5 million and net debt rose to €1.04 billion. Adjusted EBITDA grew 4.3% to €387.7 million, and cash conversion dropped to 42.7% from 80% a year earlier.

Artaud's Start Date at Nexans

Artaud's appointment and his membership in the Executive Committee take effect on November 1, 2026, the date given in the company's announcement. Nexans operates in 39 countries with 12,830 people and generated €6.1 billion in standard sales in 2025, according to its own announcement.