DHR completes search for head of business development, IES Synergy, China

March 17, 2014

SHANGHAI, CHINA - Global executive search firm DHR International is pleased to announce the successful placement of Shun Zhao as head of business development, China for IES Synergy. He will be based at the company’s Shanghai office. The search was completed by Executive Vice President Eric Dieny with assistance from Associate Moly Du, both in Shanghai. Executive Vice President Pascal Daoglio in Paris coordinated the search with IES Synergy’s headquarters in France.

Zhao will establish the China headquarters of IES Synergy in Shanghai and develop sales of IES battery chargers to the Electric Vehicle industry in China.

Yannick Marion, managing director of Eurazeo Croissance, said “We see great potential for IES Synergy in China. DHR International accompanied us in exploring the Chinese talent market and found someone who fits very well with IES.”

Zhao has nearly 10 years of professional experience in sales and program management with Magneti Marelli, a major tier-one automobile equipment vendor, where he participated in the transfer of manufacturing technology from Europe to China and took responsibility for business development and grew the Chinese business to several hundred million Euros per year. Previously, he spent 6 years with the China Inspection and Quarantine Bureau where he was responsible for the valuation of imported machinery equipment and was promoted as a department manager.

“Our company provides the most advanced battery charging technology to the Electric Vehicle industry,” said Gil Souviron, CEO of IES Synergy. “We are very pleased to welcome Shun Zhao to the IES team. His deep knowledge of the Chinese automotive market and his international experience are invaluable assets for IES to expand its business into China.”

A native of China, Mr. Zhao holds a Master’s degree in Electronic Engineering from Shanghai Jiaotong University and an MBA from Steinbeis University in Germany.

IES Synergy was founded in 1992 in Montpellier, southern France, as a manufacturer of industrial chargers. Since then, the company has expanded its activities and is today specialized in the design and manufacturing of both on-board and external chargers for electric vehicles, including public charging stations and mobile chargers. IES is among the few companies globally to manage both of the current standards in electric vehicle chargers, CHAdeMO and Combo for DC Fast chargers. The company’s clients include BMW, General Motors, Renault and Volkswagen.

IES has recently been acquired by Eurazeo, a major European investment company, which will push forward the international commercial development of IES, mainly in Germany, North America and Asia, as well as boost its research and development activities.

With a diversified portfolio of over 4 billion euros in assets, Eurazeo is one of the leading listed investment companies in Europe. Its purpose and mission is to identify, accelerate and enhance the transformation potential of the companies in which it invests. Eurazeo is present in several private equity segments through its four business divisions – Eurazeo Capital, Eurazeo Croissance, Eurazeo PME and Eurazeo Patrimoine. Its solid institutional and family shareholder base, its lack of debt and its flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo is either a majority or key shareholder in Accor, ANF Immobilier, APCOA, Asmodee, Elis, Europcar, Foncia, Fonroche Energie, Moncler, Rexel, 3SPGroup, IES, Léon de Bruxelles and Dessange International. Eurazeo is listed on the NYSE Euronext Paris.