EDF To Add Former Car CEO, Employer Association Head To Board
By Geert De Clercq | Oct 16, 2014 12:50 PM EDT
Former PSA Peugeot Citroen (PEUP.PA) head Philippe Varin and French employer organization Medef chief Laurence Parisot are on a list of proposed board members for French state-controlled utility EDF (EDF.PA), the group said in a statement on Thursday.
EDF Chief Executive Henri Proglio - whose term was not renewed and who will be replaced by Jean-Bernard Levy, the head of defense electronics firm Thales (TCFP.PA) - was not on the list.
Shareholders will vote on the proposed new board members at a Nov. 21 meeting, EDF said.
Regis Turrini has been appointed as the representative of the French state, which has an 84 percent stake in the utility.
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