Solvay’s Board of Directors was informed of Engie’s decision to propose Jean-Pierre Clamadieu as its Chairman following his election as Board Member at the French company’s next Shareholder meeting on May 18, 2018.
Jean-Pierre Clamadieu will remain the Chief Executive Officer of Solvay, focused on the implementation of the Group’s strategic priorities, while assuming his future non-executive position at Engie.
"The Board of Solvay and myself warmly congratulate Jean-Pierre for this nomination, which we discussed in full transparency. We are now accelerating the process to identify Jean-Pierre’s successor to pursue the successful strategy that we launched a few years ago. We appreciate Jean-Pierre’s commitment to facilitate a smooth transition," said Nicolas Boël, Chairman of the Board of Solvay.
Both internal and external candidates will be considered during this succession process with the objective to conclude the transition by the end of the year.
Article Source: chemweek.com