Le Monde | • Updated | By

At Gemalto, a page turns. At 57, Olivier Piou announced Tuesday April 5, his departure from the general direction of the smart card manufacturer and security solutions (for badges, ID cards, etc.). a surprise on the part of the presiding eighteen years the fortunes of the company. Olivier Piou will be replaced from 1 st September with Philippe Vallée, 51 and current number two.
the leader Gemalto says it wants to leave it to his successor build the next strategic plan
Why this sudden departure? the leader Gemalto says it wants to leave to his successor the task of building the next strategic plan. “We will begin to design the next plane to September-October. It will approved by the Board in November 2017. It was normal to leave the design to the one who would execute “ says that the ” travel two hundred days a year “. Olivier Piou ensures that it has not been ruled by its Board of Directors, he has not committed elsewhere and that this withdrawal is not motivated by any personal or family problems. “The board would have renewed me and I’m still very involved at Gemalto” , he says. It also will maintain a position on the board.
The news nevertheless unsettled investors. In Paris, the Gemalto stock has lost 5.25% Tuesday. “This succession was never suggested …


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