Bouygues: NEW GOVERNANCE AND SENIOR EXECUTIVE APPOINTMENTS AT THE BOUYGUES GROUP
February 18 2021 - 1:35AM
Bouygues: NEW GOVERNANCE AND SENIOR EXECUTIVE APPOINTMENTS AT THE
BOUYGUES GROUP
PRESS RELEASE – PARIS, 18/02/2021
New governance and senior executive appointments at the
Bouygues group
The Bouygues Board of Directors at its meeting of
17 February 2021 decided, on a proposal from
Martin Bouygues and after consulting the Selection and
Remuneration Committee, to change the Group’s governance and make a
number of senior executive appointments.
As of 17 February 2021, the functions of
Chairman and Chief Executive Officer will be separate.
Martin Bouygues will be the Chairman of the Bouygues
group. As such, he will continue to chair Board meetings,
attend meetings relating to Group strategy and represent Bouygues
in its relations with public authorities, major customers and
partners. He will also carry out specific duties assigned to him by
the Board. Olivier Roussat, previously Deputy CEO, is
appointed Chief Executive Officer of the Bouygues group.
In his new position he will exercise executive power over Bouygues
SA and oversee and coordinate the five business segments. As such,
he will chair the Group Management Committee.
Olivier Roussat, 56, is a graduate of INSA – Lyon. He joined
Bouygues Telecom on its foundation in 1995, having begun his career
at IBM. He became head of network operations in 2003, then in 2007
took charge of the performance and technology unit before being
appointed Chief Executive Officer. He was appointed Chairman and
Chief Executive Officer of Bouygues Telecom in 2013 and joined
Bouygues SA in 2016 as Deputy CEO of the Bouygues group.
Two new Deputy CEOs have been appointed to
assist him in his duties:
Edward Bouygues, Director of Strategy at
Bouygues Telecom, joins Bouygues SA with responsibility for
telecoms development, CSR and innovation for the Group. He will
also be appointed Chairman of Bouygues Europe, the Brussels-based
entity which represents Bouygues’ interests within the European
Union. Alongside his functions at Bouygues SA, Edward Bouygues
will devote part of his time to Bouygues Telecom where he will hold
the position of Executive Vice-President with responsibility for
development.
Edward Bouygues, 36, is a graduate of ESSCA, Angers, and holds
an MBA from the London Business School. He joined the Group in 2009
as a works supervisor at Bouygues Bâtiment Ile-de-France and
subsequently worked in marketing at Bouygues Construction. After
joining Bouygues Telecom in 2014 as Head of Marketing, he was
appointed CEO of RCBT (the Bouygues Telecom store network) in 2017,
then Director of Strategy in 2019. Edward Bouygues has been a
member of the Bouygues Board of Directors since 2016. In his new
position, he joins the Group Management Committee. Pascal
Grangé, 59, Senior Vice-President and Chief Financial
Officer since 1 October 2019 and a member of the Group
Management Committee, is appointed Deputy CEO. He will continue to
serve as Chief Financial Officer of the Bouygues group.
Pascal Grangé has a master’s in management, a master’s in law
and a DESS postgraduate diploma in finance from Université Paris
Dauphine. He joined the Bouygues group in 1986. He has held
numerous administrative and financial positions at Bouygues, Screg
and Saur, then at Bouygues Construction, where he was Deputy CEO
from 2008 to 2019.
Following the Board of Directors meeting of
17 February 2021, Martin Bouygues said:“The Bouygues
group will soon celebrate its 70th birthday. It has been forged by
a strong and distinctive culture and has only had two Chairmen and
CEOs since its foundation. To meet the challenges we face, whether
economic, climate-related, social or digital, we wanted to ensure
that Bouygues has the most effective governance. The arrival of a
new generation of senior executives, acknowledged for their
professional skills, trained within the Group and perfectly
familiar with its culture, is entirely consistent with the
tradition at Bouygues which, since its foundation, has always
chosen its leaders from within the Group in order to secure its
future.”
About
Bouygues
Bouygues is a diversified services group operating in over 80
countries with 129,000 employees all working to make life better
every day. Its business activities in construction (Bouygues
Construction, Bouygues Immobilier, Colas), media (TF1) and telecoms
(Bouygues Telecom) are able to drive growth since they all satisfy
constantly changing and essential needs.
PRESS CONTACT:
presse@bouygues.com • Tel.: +33 (0)1 44 20 12 01
BOUYGUES SA • 32 avenue Hoche • 75378 Paris
CEDEX 08 • bouygues.com
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bouygues group_18022021_VA
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