Sunday, December 21, 2014

Thales Patrice Caine and Henri Proglio would succeed JB Levy – Boursier.com

Thales Patrice Caine and Henri Proglio would succeed JB Levy – Boursier.com

(Boursier.com) – The period of indecision will ultimately not overly lasted head of Thales … The two main shareholders, namely the State and Dassault Aviation have opted for a direction two heads of the French defense electronics group. The functions of Chairman and CEO, previously accumulated by Jean-Bernard Lévy, will be separated. According to AFP, quoting a source close to the case, the Directorate of Thales would be entrusted to Patrice Caine, number 2 of Jean-Bernard Lévy. As President would be assigned to … Henri Proglio, the former CEO of EDF.



Temporary one month to Philippe Logak

In October, the appointment by State Jean-Bernard Lévy at the head of EDF had left vacant the direction of Thales, the French group electronics and defense. In the transition, the Board of Directors of Thales opted, on 27 November, for the appointment of an Acting Chief Executive Officer. Pending the two major shareholders of the French -The state group (26.6% stake) and Dassault Aviation (25.5%) – reach consensus, he was then appointed Philippe Logak to transition <. / p>

Patrice Caine, the choice of the shareholder State

Since then, two candidates held the rope to succeed Jean-Bernard Lévy … The match was to be played between Patrice Caine ( 44), Managing Director in charge of operations and performance, the number two of the group, whose name was supported by the State, and Pierre-Eric Pommellet (50 years), Deputy Director General in charge of defense systems, supported by Dassault. Finally, the co-shareholders have agreed to a separation of the functions of Chairman and CEO. The choice of the shareholder state has become … Patrice Caine (44), the right arm of Jean-Bernard Lévy, take operational commands as Director General, including the task of strengthening particularly weak links internally. The name of Patrice Caine, who was in this relational role for 2 years, is something of consensus and legitimacy. This choice should also satisfy employee shareholders, who wanted a boss from the Seraglio.



Henri Proglio, the return …

The surprise comes from the choice of the President … While shareholders could expect Pierre-Eric Pommellet, the candidate of Dassault Aviation, it is ultimately Proglio who “bounce” at Thales. Ironically, Henri Proglio is the former boss of EDF, which had to give his CEO duties at head of Thales, Jean-Bernard Lévy. The office of President is folding seat for this figure, however, close to Nicolas Sarkozy. The Presidency paid to Henri Proglio would clearly be defined as “non-executive”.

Remember that Thales employs 65,000 employees with an annual turnover of € 14.2 billion in 2013.

  – © 2014 Boursier.com
 

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