Patrick Kron to succeed Pierre Bilger as ALSTOM CEO

Nov. 5, 2002 -- The Board of ALSTOM has appointed Patrick Kron as Chief Executive Officer.

The Nov. 4 appointment will be effective from January 1, 2003. Pierre BILGER will remain Chairman of the Board until 31 December 2003, when Patrick Kron will also succeed him as Chairman.

Kron is 49 years old. A graduate of l'Ecole Polytechnique and of the Paris Ecole des Mines, he began his professional career in the Ministry of Industry between 1979 and 1984.

Between 1984 and 1998, Kron held a number operational responsibilities within the Pechiney Group and was Chairman of the Carbone Lorraine Company between 1993 and 1997. Since March 1998, he has been Chief Executive Officer of Imerys (formerly Imetal) and he has been a member of the Board of ALSTOM since July 2001.

Pierre BILGER commented:
"I am delighted to announce Patrick Kron's appointment as ALSTOM's Chief Executive Officer and future Chairman of the Board. Patrick's exceptional industrial, operational and international experience, combined with his practical knowledge of the financial markets, make him an ideal candidate to successfully meet the challenges ALSTOM faces today.

"This decision ensures continuity. As a member of the Board, Patrick has already acquired a detailed knowledge of ALSTOM and the twelve months I will spend at his side as Chairman of the Board will further help to ensure a smooth transition. It also ensures an orderly, planned succession during an important period in the company's development, when the benefits of the Restore Value program are beginning to flow.

"I am proud to have led ALSTOM for almost 12 years, during which time the company has grown from a modest Franco-British joint venture into a global group employing more than 112,000 people worldwide, and ranking among the top three in each of its four markets. I am confident that Patrick will make a significant contribution to the company's future success, both in the short term as we continue to deliver our Restore Value plan, and in the longer term as the Group continues its profitable growth".

For more information, visit www.power.alstom.com.

Sponsored by FLSmidth

Related Articles

Arbitration claims updated in Olkiluoto 3 nuclear reactor case

Areva & Siemens updated it claim against Finnish utility TVO in regards to construction of the Olkiluoto 3 nuclear reactor.

Optim Energy to market its two gas-fired power plants in Texas

Optim Energy LLC is getting ready to market its two gas-fired power plants in Texas now that it has closed the sale, as of Oct. 14, of its coal-fired Twin Oaks plant in Texas.

Follow Power Engineering on Twitter

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Power Engineering Current Issue

10/01/2014
Volume 118, Issue 10
1410pe-cover

Buyers Guide Company Listings

Datapartner Inc

Our software Invest for Excel is used by more than 100 power companies worldwide for capital budgeting, financial modeling and valuation. We also offer a Sharepoint solution for capex portfolio.

Interdevelopment Inc

Offers management consulting and marketing, financing for power plants, particularly energy production by renewable fuels, such as wind/solar/biomass power, including compliance issues.

The Clifton Corp

Engineering and development company specializing in water resources, hydro and solar power and biogas/methane facilities. Provides development services from engineering, economic and financial feasibility to financing and operations and maintenance.

Valentin Software Inc

Valentin Software is the largest, most comprehensive and oldest developer of solar PV and thermal design, simulation, modeling and financial analysis software, with customers in over 70 countries.

Power Industry Wire News

Blue Earth Completes $10 Million Private Placement

Blue Earth Completes $10 Million Private Placement

Energy Services Company ENSERVCO to Present at LD Micro Conference

Energy Services Company ENSERVCO to Present at LD Micro Conference

Philip Falcone Departs Harbinger Group Inc. and Will Continue to Advance HC2 Holdings, Inc.

Philip Falcone Departs Harbinger Group Inc. and Will Continue to Advance HC2 Holdings, ...

Planet Resource Recovery, Inc. Adds Water Industry/Manufacturing Veteran to Advisory Board

Planet Resource Recovery, Inc. Adds Water Industry/Manufacturing Veteran to Advisory Bo...

Western Gas Partners Closes Nuevo Midstream, LLC Acquisition and Issuance Under Exercise of Underwriters' Over-Allotment Option

Western Gas Partners Closes Nuevo Midstream, LLC Acquisition and Issuance Under Exercis...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>


Power Engineering Newscasts

EPA chief: carbon caps will boost economy
Australia, Russia enter nuclear power agreement with Argentina
Largest battery energy storage in North America now operational
EPA chief: carbon caps will boost economy Largest battery energy storage in North America now operational Australia, Russia enter nuclear power agreement with Argentina Texas’ Panda Temple combined cycle plant up and running
Siemens agrees to acquire Dresser-Rand
Safety concrete poured at UAE nuclear reactor power project
Foster Wheeler to upgrade natural gas-fired power plant’s emission controls
GE, TransCanada partner on natural gas turbine design
Energy storage global market to grow to $15.6B by 2024; DOE awards $2M to support taller wind turbine towers; Hinkley Point C nuclear project have financial incentives approved; N.J. company building waste-to-energy project in Ireland