Gérard Mestrallet
| Gérard Mestrallet | |
|---|---|
 | |
| Born |
1 April 1949 Paris, France |
| Nationality | French |
| Alma mater | École Polytechnique, ENA |
| Occupation | Chairman of Engie |
Gérard Mestrallet (born 1 April 1949 in) is the chairman of the board of directors of Engie and former CEO (from July 2008 to May 2016).[1] He is also the chairman of Suez.[2]
Biography
He received degrees from Sciences Po Toulouse, the Ecole polytechnique, École nationale de l'aviation civile and the École nationale d'administration.[3]
After his studies, he joined the Treasury. From September 1982 and July 1984 he was the technical advisor in charge of industrial affairs under the Minister of Economics and Finance (during the time of Jacques Delors)
In 1984, he started working as a special advisor for Suez, known today just as Suez.[4] He has been its Chairman and CEO since 2001.He was named Deputy Delegate General for Industrial Affairs in June 1986. In July 1987, he was General Director of the European Court of Human Rights, an affiliate of the Compagnie financière de Suez. In January 1991 he started as the Deputy Director General of the company, but a month later he became the Managing Director and Chairman of the Management Committee of the Société General de Belgique, to ensure its refocusing and development.
He was appointed as a member of the Hong Kong Chief Executive's Council of International Advisers in the years of 1998-2005.[5] He is the President of Paris Europlace. He is also the President of the Fondation Agir Contre l'Exclusion (FACE).[6]
In 1995 he took a position as the head of Suez and since then he has worked for Suez while focusing on three businesses: energy, water, and waste [7] He was also the instigator of the reconciliation between Suez and the Lyonnaise des Eaux. The Suez-Lyonnaise des Eaux was started in 1997, at which time Mestrallet became the chairman of its executive board while Jérôme Monod, chairman of Lyonnaise, became the Chairman of the Supervisory Board.[4][7] However, the group soon went back to its original name, Suez and in 2003 its leaders made a proposition to shareholders to change the association of the company by becoming an LP with a board of directors and Gerard Mestrallet as the CEO.[4]
in July 2008, he was appointed CEO of Engie.
In 2014, his retirement cap of 21 million euros was a controversy in the media due to GDF-Suez’s record losses for 2013 and its effort to prepare a savings plan.[8]
On May 3, 2016, he became chairman of the board of directors of the group, with Isabelle Kocher appointed as CEO, as planned for months[9]
He also serves on the Boards of International Power, Aguas de Barcelona, Electrabel, Saint-Gobain, and Pargesa Holding S.A..[2]
Other positions
- Chairman of the Board of Suez
- Member of the Board of Directors of Société Générale
- Member of the European Round Table of Industrialists (ERT)
- Member of the Supervisory Board of Siemens
- Member of the Board and Advisory Council of the "Institut de l'entreprise".[10]
- President of the Mayor’s Council of Chongqing since 24 September 2006.
- Member of the Mayor's Council of Shanghai
- Member of the Mayor's Council of Beijing
- Member of the Council of International Advisers to the Hong Kong government
- Member of the board of trustees of the University of Tongji (Shanghai)
- Member of the International Council of JP Morgan Chase
- President of the Policy Board of Paris Europlace (since 2003), member of the Council of the French Institute of Administrators.
- President of the "Fondation Agir contre l'exclusion".
Compensation
Mestrallet reached 3,005,079 in remuneration in 2012 (down 2.7% from 2011). It was the tenth compensation from SBF 120 and the eighth from CAC 40.[11][12]
In May 2016, Engie announced that Gérard Mestrallet's 350,000 euro chairman salary will go to the Engie foundation charity and that he will carry out his new job for free.[13]
Awards
He is Commander of the National Order of the Legion of Honour[14] and is a Knight of the National Order of Merit.
Personal life
He is the son of Georges Mestrallet and Paule Mestrallet-Besnard. He has two brothers, Michael and Patrick Mestrallet. He married Joëlle Emillienne Renée Arcens in 1974 and has three children.[15]
References
- ↑ "Engie press release" (PDF). Engie.com. Retrieved 3 May 2016.
- 1 2 "GDF board biography". Gdfsuez.com. Retrieved 12 July 2013.
- ↑ "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Investing.businessweek.com. Retrieved 2015-07-31.
- 1 2 3 "Gerard Mestrallet". DIRIGEANTS ENTREPRISE. Retrieved 24 October 2014.
- ↑ "Hong Kong". Info.gov.hk. 2003-11-06. Retrieved 12 July 2013.
- ↑ "FACE leadership". Fondationface.org. Retrieved 12 July 2013.
- 1 2 "Gerard Mestrallet". Fondationface.org. Retrieved 24 October 2014.
- ↑ "Polémique autour de la retraite-chapeau du PDG de GDF Suez". Le Figaro. Retrieved 24 October 2014.
- ↑ Isabelle Kocher to Head Engie, Inti Laundauro, Wall Street Journal. Retrieved January 14, 2016
- ↑ "Organisation de l'Institut | Institut de l'entreprise" (in French). Institut-entreprise.fr. Retrieved 2015-07-31.
- ↑ Les salaires des patrons du SBF 120, Le journal du net, 25 juin 2013
- ↑ Classement : les salaires des patrons du CAC 40, Challenges, 3 mai 2013
- ↑ Engie says Mestrallet's chairman salary will go to charity, Reuters, May 3? 2016
- ↑ "Décret du 2 mai 2012 portant promotion et nomination" (in French). Legifrance. Retrieved 2015-07-31.
- ↑ "Gérard Mestrallet 1949— Biography - Education and early career, Suez begins a transformation, Purchases nalco". Referenceforbusiness.com. Retrieved 2015-07-31.
| Business positions | ||
|---|---|---|
| Preceded by None |
CEO of GDF Suez 2008–present |
Succeeded by Incumbent |