That was to be expected. After the announcement, Wednesday July 6, of a nationalization of EDF, in which the State now holds 85% of the capital, the process of succession of the CEO, Jean-Bernard Lévy, is engaged. “While large-scale projects will be launched by the company in the coming months, the State and Jean-Bernard Lévy have agreed to immediately launch the process of succession of the latter at the head of EDF”, said announced Bercy in a press release.
Mr. Lévy, whose term of office was due to end no later than March 18, 2023, given the age limit set by the company’s articles of association, could ultimately leave the company before this deadline. “In agreement with Jean-Bernard Lévy, the new Chairman and CEO of EDF may be appointed before this deadline, so that the new manager is quickly able to implement the strategic and industrial projects announced by the President of the Republic. in Belfort on February 10, 2022, in particular the launch of the construction program for six EPR 2 nuclear reactors and EDF’s contribution to the accelerated development of renewable energies”, continues Bercy in a press release.
“It will also have as a priority, in the shorter term, to ensure the return to service of the nuclear reactors stopped for maintenance”. In the meantime, the Board of Directors has renewed its confidence in Jean-Bernard Lévy, who will continue to perform his duties until the appointment of his successor.
