SNCF CEO Jean-Pierre Farandou will be replaced after the Olympics







Photo credit © Reuters

PARIS (Reuters) – SNCF Chairman and CEO Jean-Pierre Farandou will not be reappointed as head of French railways but will retain his position until the end of the Paris Olympics this summer, the French railway company announced on Tuesday. government.

“In order to guarantee the proper organization of the Paris 2024 Olympic and Paralympic Games”, Jean-Pierre Farandou, whose mandate is due to end on May 13, “will ensure, at the request of the State, the continuity of his functions” , declares the government in a press release.

After the Games, “the President of the National Assembly and the President of the Senate will be informed by the President of the Republic of the name of the envisaged successor”.

Jean-Pierre Farandou, who has chaired SNCF since 2019, will also be heard on Tuesday by a Senate committee after the recent signing of an agreement on the end of the careers of railway workers.

Read alsoCounting

This agreement would circumvent the pension reform implemented with difficulty last year by the government and earned the CEO a summons from the Minister of Economy and Finance, Bruno Le Maire.

(Written by Kate Entringer)











Reuters

©2024 Thomson Reuters, all rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.



Source link -87