"My day one was in front of the board of Schneider, and they asked me a question: What do you have in mind? And I said, 'Look, I think Schneider has been an exceptional company. We've been transforming the company, but the world is changing. We need to define the next cycle of what Schneider is going to be, how we are going to impact this energy transition.'"
"That's a very good question. There are things related to geopolitics. We see this big shift on the energy transition: the supply is changing with more renewable energy everywhere, but the demand has shifted a lot because we are trying to electrify most of the demand in every part of the world. So this acceleration in both supply and demand is happening faster than expected. So that disrupts the way we will invent the technology of the future."
"The world has never been so unstable and so fragmented. As a company, we cannot influence the external world, but we can adapt our company to be more agile. I think we have a good vision for how Schneider can differentiate in the next cycle, how our technology could have an impact. So I feel good."
Olivier Blum became CEO of Schneider Electric in November 2024. Schneider Electric, founded in 1836, is a Fortune Global 500 company recognized for innovation, sustainability and workplace quality. The company faces pressure from a rapidly changing energy landscape driven by tariffs, AI, rising power needs and shifting sustainability policies. Blum intends to define a next cycle focused on impactful technology and greater agility. Acceleration of renewable supply and electrification-driven demand is occurring faster than expected, disrupting how future technologies are invented. The company must differentiate through technology to address fragmented geopolitics and the evolving balance of energy supply and demand.
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