Bic’s CEO explains why he’s stepping down at 46, and what’s next

Gonzalve Bich, the 46-year-old CEO of Bic, is stepping down from his position by September to focus on other areas of his life. As the grandson of the company's founder, Bich has intimate knowledge of the company's products and sales, including the fact that the average American household has 114 pens. During his tenure, Bich transformed the company from a pen-focused business to a "human expression company" with strategic acquisitions in areas such as hairbrushes and temporary tattoos. He is proud of the company's financial results, which show increasing sales and profitability. Bich is now looking to launch a foundation to support families with autistic children, a cause close to his heart as the father of an autistic child. He also plans to pursue other professional activities, although he has not disclosed what they will be. Bich will work with his successor to ensure a smooth transition and is confident in the company's ability to continue growing and thriving. He believes that succession is a natural part of business and leadership, and is ready to "pass the pen" to the next CEO. Bich's decision to step down at a relatively young age is unusual, especially compared to other business and political leaders who continue to work well into their 70s and 80s. Despite this, Bich feels that it is the right time for him to move on and explore new opportunities.