Rigorous succession plans
At the end of the shareholders AGM and Board of Directors on 14 May 2019, Bertrand Camus has been appointed Chief Executive Officer of SUEZ . Previously Group Senior Executive Vice President in charge of Africa, the Middle East, India and Asia Pacific, he was unanimously appointed on 20 December 2018 by the Board of Directors, who chose an executive from within the Group to lead SUEZ through the next stages of its development.
Bertrand Camus succeeds Jean-Louis Chaussade, whose term of office ended on 14 May 2019. Jean-Louis Chaussade was appointed unanimously by the Board on 26 February 2019 as Chairman of the Group s Board of Directors,succeeding Gérard Mestrallet, whose term of office ended at the end of the 14 May 2019 shareholders AGM, in accordance with the company s by-laws.
Gérard Mestrallet and Jean-Louis Chaussade have led the development and transformation of SUEZ since the Group was listed on the stock market in 2008, adapting it to evolutions in its markets and its customers needs.
These successions have been conducted according to a rigorous process led by the Board s Appointments and Governance Committee, with the assistance of external consultants.
A new period is about to begin for SUEZ: the renewed governance bodies will set to work to smooth the Group s transformation and development ( p.70) and a new SUEZ 2030 corporate plan will be presented to the Board.
S A RENEWED GOVERNANCE TO ACCELERATE THE GROUP S TRANSFORMATION STRATEGY THE BOARD OF DIRECTORS, SERVING THE SUEZ STRATEGY
GOVERNANCE GOVERNANCE BODIES SHAREHOLDING STRUCTURE ETHICS AND VIGILANCE DIALOGUE AND RESPONSIBLE LOBBYING
GR I D
I am deeply honoured to have been chosen by the Board of Directors to succeed Gérard Mestrallet to whom I pay tribute. I will leave the top management of a Group prepared for the future. In 15 years, SUEZ has undergone significant transformation. Our businesses have transformed, we have doubled our global foothold, we have seen robust revenue growth, as well as moving to a single brand and undergoing digital transformation. Bertrand Camus will take over in May and I am delighted with this appointment. I know he will be able to carry out the necessary transformations at a sustained pace: he is a born winner with a bold entrepreneurial mindset.
Press release - 26 February 2019
A balanced and increasingly diverse Board of Directors At the end of the AGM on 14 May 2019, the SUEZ s Board of Directors welcomed two new Directors, Bertrand Camus and Martha J Crawford, a French-American senior lecturer at Harvard Business School who has occupied several executive positions in R&D at major industrial groups. In accordance with the recommendations arising from recent Board self-assessments, as well as maintaining the Board s gender balance and level of independence, this appointment will strengthen its skills in innovation and R&D and continue its international development in a geographical area that is particularly important to the Group s growth strategy.
The Board will now include six non-French directors, 32% of its members, with six nationalities represented.Close attention is also paid to strike a balance between keeping Directors who have extensive knowledge of the Group and its businesses in their position for several years and integrating new members who bring new momentum and expertise.
Finally, the Board of Directors has decided to apply two new principles: In the future, the chairmen or chairwomen of Committees
shall all be independent directors, Directors who lose their independent status during their
term of office committed to resign as soon as they are no longer considered independent.
I am delighted that SUEZ s Board of Directors has unanimously decided to appoint Jean-Louis Chaussade as the
Group s future Chairman, effective at the next Annual General Meeting of 14 May 2019.
On the threshold of this important year for SUEZ, the Group will be able to count
on a Chairman who combines all the required qualities and experience
Press release - 26 February 2019