CEO Of EDF Replaced By President Hollande Amid Nuclear Rethink

By Andy Tully | Fri, 17 October 2014 22:17 | 0

Center-right executive Henri Proglio will not be reappointed CEO of France’s state-owned utility Electricité de France (EDF) when his term runs out next month, and will be replaced by Jean-Bernard Lévy, who now runs defense electronics giant Thales Group.

jean bernard levy

Economy Minister Emmanuel Macron announced the move, which would end a fairly acrimonious relationship between Proglio, known for his strong temper, and Socialist President François Hollande, who wants to reduce the proportion of nuclear power used to generate the country’s electricity.

linkhttp://oilprice.com/Alternative-Energy/Nuclear-Power/Is-Frances-Love-Affair-with-Nuclear-Over.html