EDF's CEO Gadonneix to step down

29 September 2009 - French utility EDF has revealed that the company's current chief executive officer, Pierre Gadonneix will not be reappointed to his position as his current term will expire in November 22 this year.

Henri Proglio, chief executive officer of Veolia Environnement (Veolia) will replace Mr Gadonneix as the chief of EDF.

EDF is a state-controlled company in which the state owns 85 per cent. The board has recommended Philippe Crouzet, Mireille Faugere, Lord Michael Jay of Ewelme, Bruno Lafont, Pierre Mariani, and Henri Proglio.

The company shareholders will be asked to approve the six nominations at a Joint Shareholders' Meeting to be held on November 5.

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