Press Release · February 2024
Appointment of Isabelle Marchand as Chief Executive Officer
Executive Summary
The Board announces the appointment of Isabelle Marchand as CEO, effective 1 March 2024. Founder Alexander Nikolov transitions to Executive Chairman.
The appointment marks a new chapter in EL Engineering's evolution as a multi-jurisdictional industrial holding. Marchand brings extensive experience in cross-border operations and regulated markets.
1.Strengthening Governance
The leadership transition aligns the group with international governance standards.
2.Global Experience
Marchand has led large-scale transformation programs across Europe and the Middle East.
3.Founder Transition
Nikolov will focus on long-term strategy and capital allocation.
4.Positioning for the Next Decade
The new structure enhances the group's ability to execute complex transactions.
Investor Implications
Reinforces institutional-grade governance
Enhances leadership depth
Supports disciplined capital deployment
