The ex-boss of Elior at the bedside of Vallourec


The new controlling shareholders of the oil services group have entrusted Philippe Guillemot with the task of accelerating its transformation.

Nine months after changing shareholders to escape bankruptcy, Vallourec changes CEO. After twenty years of house, including two at the head of the specialist in seamless tubes for the oil and gas industry, Édouard Guinotte was thanked by the board of directors on Sunday. He was immediately replaced by Philippe Guillemot, the ex-boss of Elior. Three weeks ago, when he had just been renewed as director by the general meeting of the group’s catering giant, the latter created a surprise by resigning and leaving the company the same day.

Enough to whet the appetite of recruiters. Vallourec’s new strongman will have the mission ofto accelerate the transformation and growth trajectory” of the company over the next four years, assures the group. This one, ironed in the green last year (40 million euros of net profit), comes out of three years of financial turmoil.

Vallourec’s main shareholders have…

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