Governance Nicolas Yatzimirsky - CEO, Albéa Tubes Nicolas Yatzimirsky joined Albéa in 2021 as CEO of the Tubes product line. He brings extensive experience, in particular in the packaging industry. After starting his career at Smurfit, a paper manufacturer, he joined the Industry practice of consultancy AT Kearney. He then left for the Saint Gobain Group where he headed glass packaging unit Verallia in France and Brazil. In 2011 he joined Consolis Group, a leader in precast concrete structures for the building and utilities sectors. As its CEO since 2016, he led the Group’s industrial, commercial and digital transformations. François Tassart - CEO, Albéa Cosmetics & Fragrance Francois Tassart is responsible for the cosmetic rigid packaging product line at Albéa. Francois joined Albéa at the end of 2005 as sales and marketing director of the European tube division. He was named vice president of sales, marketing, and innovation in 2008, then executive vice president of sales and beauty solutions in 2013, responsible for leading Albéa’s international sales force. He has held his current role as CEO, Cosmetic Rigid Packaging since 2020. Prior to joining Albéa, Francois began his career at Andersen Consulting before moving to Carnaud Metalbox (Crown Cork & Seal). Having occupied an internal audit position, he became head of information systems and logistics in Asia, before taking over information systems management for Food France. In 1999, he joined Guerlain, as director of planning and pricing, where he created the department responsible for overseeing launches and developments. Three years later, he was appointed general manager of Guerlain Austria. Xavier Leclerc De Hauteclocque - CEO, Innovative Beauty group (IBG) Xavier Leclerc de Hauteclocque joined Albéa in 2012 as group chief financial officer. One year later, he was appointed executive vice president and CFO. In 2020, he took over the management of the Innovative Beauty Group division. He’s also been heading the North America region since 2018. Prior to joining Albéa, Xavier began his career with CarnaudMetalbox (Crown Cork & Seal) in 1994 and held a variety of corporate finance roles, including finance controller of the Kenya production site and later the Crown & Closures European division. In 2000, he joined Guerlain as finance controller for the French market, in addition to serving roles in various travel retail and export as well as European market projects. In 2003, he joined Brake France as head of treasury before being appointed CFO in 2007, taking on responsibility for capital and services, IT, legal, and M&A. Xavier holds a DESCF and Executive MBA from INSEAD. He is also president of CFO AGORA. PAI Partners PAI Partners is Albéa’s sole shareholder since March 2018. It is an independent private equity company established in 1872, with deep roots in France and Europe. Its participations are primarily in the industry, business services, healthcare, food & consumer as well as retail & distribution sectors. PAI Partners operates worldwide with 8 offices in Europe and the US. Its focus is on organic and external growth with a long-term view. Its core beliefs are to invest with conviction; maintain discipline; attract and retain the best talents; and transform through (in)organic value creation. Albéa is part of PAI’s Europe VI portfolio which comprises 17 companies and was launched in 2014.
