French PM: Government Backs Veolia's Proglio As New EDF CEO
September 27 2009 - 6:12PM
Dow Jones News
The French government backs Veolia Environnement SA (VE) Chief
Executive Henri Proglio to become the new head of state-controlled
utility giant Electricite de France SA (EDF.FR), the prime
minister's office said late Sunday.
The announcement follows a meeting of EDF's board, at which
current CEO Pierre Gadonneix' wasn't nominated to remain as a
director.
The French state owns 85% of EDF. Gadonneix' current term at the
head of EDF comes to an end Nov. 22.
-By Adam Mitchell, Dow Jones Newswires, +33 1 40171756;
adam.mitchell@dowjones.com