Info Aqualung Financial Troubles

[iain/hsm]

So to kick off Player No 1 Michel Abaza Chairman and CEO Aqualung Group France
Note the date to take note are highlighted Bold I will be asking questions later LOL

Michel is a seasoned finance executive with extensive international experience in listed industrial companies at the forefront of technology and innovation (Safran, Latécoère, Nyrstar, Valeo, Schlumberger).
He has a strong background in financial markets, controlling, investor communication, and accounting. Since 2018, Michel has gained a strong experience in turnaround with a consistent record of leadership, transformation, and implementing value-added processes and practices.
Michel joined Aqualung Group in November 2022 and was appointed Chairman & CEO in October 2023. Michel's mission is to lead Aqualung Group with strategic vision and operational excellence, driving sustainable growth and long-term value creation for employees, customers and stakeholders.

 

[BoltSnap]

spelt color

Dude,

If you are going to write in American English, the improved modern version of the antiquated British English, please do it all the way. Mixing antiquated wasteful British English with the new improved American English is chaotic and causes a great deal of confusion.

"Spelt" in American English means: "hardy wheat: a hardy variety of wheat of inferior quality, sometimes grown in mountainous regions."

Spelt - Wikipedia

en.wikipedia.org

 

[iain/hsm]

Player No 2 Nicolas Poulain CFO Aqualung Group France Chief Financial Officer

With over 20 years of experience in finance, audit, and M&A, Nicolas has developed a very strong expertise and a proven track record of delivering results in complex and dynamic environments (Grant-Thornton or EssilorLuxottica).
He developed strong skills in managing diverse teams across multiple countries, leveraging digital tools and best practices to optimize processes and efficiency. He also partnered with senior leaders and stakeholders to align financial considerations with strategic decisions and business objectives
As Aqualung Group CFO since 2023, he oversees the financial performance and strategy of all divisions with a focus on liquidity, profitability, and growth. His goal is to create value and impact for the company and its customers while fostering a culture of innovation and excellence.

 

[iain/hsm]

Dude,

If you are going to write in American English, the improved modern version of the antiquated British English, please do it all the way.

No problem just for you we can write American in any authentic original and popular language you like
Would you prefer in Spanish or maybe Sioux or Cheyenne or Cree LOL

 

[scubadada]

Hi @iain/hsm

Your corporate profiles are exactly what raises flags here. I have no Aqualung equipment and have no vested interest. However, I would hate to see that the PE community might be contributing to the demise of treasured brand. It's all about money. PE investment is a plague. I am a retired physician, PE investment in hospitals and practices is a main contributor to decreased performance and failure of medical systems.

 

[iain/hsm]

Player No 3 Thierry Roulette Aqualung Group Chief Information Officer

Thierry has 20 years of extensive international experience, during which he developed a strong expertise in project management, information systems evolution, and IT transformation programs. He supports businesses in implementing computerized systems, guiding them from scoping to deployment and ensuring operational maintenance.
After more than 15 years managing the information system (Aéroports de la Côte d’Azur, Nestlé, Galderma), he now focuses on the development of innovative solutions integrating the latest technologies such as artificial intelligence, deep learning, chatbot, big data, mobile App. Since 2021, Thierry has been supporting Aqualung Group company in its digital transformation.

 

[iain/hsm]

Player No 4 Oliver Tibaudo Aqualung Group COO Chief Commercial Officer

For 20 years, he has developed expertise in both retail and wholesale, in brand development, strategic planning, and team management to deliver sustainable growth. His experiences at Nike, Sebago, and New Era have helped him develop agility, influence, and communication skills, along with the ability to evolve in a multi-cultural, international environment. He has created and coached successful teams, built strong relationships, and developed brands aligned with global strategies with one key focus: delivering the best brand and consumer experience ever.
He is a positive, dynamic, and open-minded person. He believes that teamwork, passion, an excellence mindset, and planning are the keys to success. As a manager, sales leader, and developer, he never gives up. Olivier joined Aqualung Group in 2020.

 

[lowwall]

I can see where this is going.

Is there anyone with decision making authority in the company that knows anything about scuba diving?

 

[iain/hsm]

Player No 5 Serge Zimmerlin Aqualung Group General Secretary Human Resources

Serge has a unique blend of experiences in General Management, Human Resources, and global assignments. He is an expert in global organization dynamic & knows how to make the "things happen". He did build his experience in global business most of the time in M&A / Carve Out / Turn Around context for Private Equity portfolio companies. He managed HR & Communication related matters within 40 different countries in Africa, Asia, Europe, Middle East as well as North and South America: Bouygues, Avery Dennison, SGD Pharma (Saint-Gobain Desjonquères), Keller Group plc... Since 2018, he has been contributing to develop Aqualung's organization and human resources strategy, first as external Advisor then as Chief Human Resources Officer. Appointed as General Secretary in May 2024, he is responsible for HR, Legal, Communication and CSR strategy.

 

[iain/hsm]

I can see where this is going.

Is there anyone with decision making authority in the company that knows anything about scuba diving?

No you don't. So far it's been stuff about Mens Hair styles and grooming products for all I can see. I just wish the OP would get a move on and make his points LOL