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France

French PM confirms replacement of energy giant EDF chairman

Text by NEWS WIRES

Latest update : 2009-09-27

French Prime Minister Francois Fillon (right of photo) has said in an interview to be published Sunday that Pierre Gadonneix, chairman of the French energy giant EDF - which is 85 percent state-owned - is to be replaced, confirming media speculation.

AFP - French Prime Minister Francois Fillon confirmed in an interview to be published on Sunday that Pierre Gadonneix will be replaced as chairman of energy giant EDF, but he did not name his successor.
  
"We have deemed it necessary to renew the company's management, though I must pay homage to Pierre Gadonneix, who accompanied EDF's smooth and successful transformation," Fillon told the Journal du Dimanche newspaper.
  
"We have defined the ideal profile" and the choice would not be a political one, he said.
  
French financial daily Les Echos has reported that Veolia Environment president Henri Proglio will take over as EDF chairman.
  
Proglio, 60, is backed by the French presidency to replace Gadonneix, who has been EDF chief since 2004, the newspaper said, citing sources close to the situation.
  
The French state owns 85 percent of EDF, which operates France's 58 nuclear reactors, the world's biggest network of atomic power plants.

Date created : 2009-09-26

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