Areva appoints new chief executive

, Comments 0 comments

French nuclear group Areva on Thursday officially appointed Luc Oursel as chief executive to replace Anne Lauvergeon after her term ended, the state-owned company said in a statement.

Areva's supervisory board named Oursel, who had served as a deputy to Lauvergeon, as chairman of the executive board.

The French state holds about 90 percent of Areva, and Oursel's replacement of Lauvergeon had been announced by the government two weeks ago, ending a long period of uncertainty over who would lead one of the world's largest nuclear energy companies.

Lauvergeon's supporters had been pressing her case for another term at Areva but it was widely believed that French President Nicolas Sarkozy did not want her to continue in the post.

"The group's Supervisory Board thanks Anne Lauvergeon very warmly for the work she accomplished over the past 10 years to turn Areva into a global leader in nuclear power and carbon-free energies," the company said in a statement.

© 2011 AFP

0 Comments To This Article