28 Ноября 2024 | четверг | 16:46
Energoterra

EDF: Change in top management with a focus on Group synergies

Ноября 18, 2010

Henri Proglio, Chairman and CEO, has decided to realign EDF's organization in order to accelerate synergies at Group level. The three business lines of production, downstream and networks will be strengthened in their mandate to steer synergies across geographical areas.

As a consequence the International activities division, until now under the leadership of Daniel Camus, will no longer exist and its missions will be reassigned within a few weeks to the business lines. Daniel will leave the company to pursue other career opportunities.
Henri Proglio highlighted "the critical role of Daniel Camus, who joined EDF as Group Chief Financial Officer in 2002, in the key steps of the Group transformation".
He led numerous strategic projects such as the financial restructuring of EnBW in Germany, the consolidation of EDF's shareholding in Edison in Italy, the divestiture of Latin American activities, the acquisition of British Energy
as well as SPE or the alliance with Centrica... while maintaining a solid rating of the EDF Group. Today, international activities represent close to 50% of the Group scope.
He also orchestrated the decisive listing of EDF on the stock exchange, now one of the world's largest market capitalization of its sector.
Henri Proglio took this occasion to say : "I express my respect for Daniel as I look forward to continuing the privileged relationship we have forged together since many years".
The EDF Group, one of the leaders in the energy market in Europe, is an integrated energy company active in all businesses: generation, transmission, distribution, energy supply and trading. The Group is the leading electricity producer in Europe. In France, it has mainly nuclear and hydraulic production facilities where 95% of the electricity output involves no CO2 emissions. EDF's transport and distribution subsidiaries in France operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services to around 38 million customers around the world, including close to 28 million in France. The Group generated consolidated sales of €66.3 billion in 2009, of which 49% in Europe excluding France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
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