Latest update: 17/06/2011 

- France - nuclear power


Nuclear giant Areva to get new CEO, PM's office says

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The head of French energy giant Areva, Anne Lauvergeon, will be replaced later this month by her deputy, Luc Oursel, the French premier’s office said Thursday. The move comes after months of uncertainty over a second term for Lauvergeon.

By News Wires (text)
 

AFP - The French prime minister said Thursday that Anne Lauvergeon will stand down as head of Areva at the end of her term this month, after a long period of uncertainty over who would lead one of the world's largest nuclear energy companies.

Lauvergeon will be replaced by Luc Oursel, her deputy, the prime minister's office said in a statement after she met Premier Francois Fillon.

The decision will now go to the cabinet for formal approval, it added.

Lauvergeon's supporters had been pressing her case for another term at Areva but it was widely believed that French President Nicolas Sarkozy did not want her to continue in the post.

The French state holds some 90 percent of Areva, the statement noted, adding that the government, in appointing Oursel, took full account of his industrial and nuclear experience gained at the company.

 

Date created : 17/06/2011 
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