Following the recommendations of the
Governance and Ethics Committee of Total,
which met on Wednesday, the Board of
Directors has finally named Thierry Desmarest
as Chairman of the Board of Directors.
Desmarest is currently a member of the Board
and Honorary Chairman of the Board.
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It also named Patrick Pouyanné as Chief
Executive Officer and President of the
Executive Committee. Until now, he was
President of Refining and Chemicals and a
member of the Executive Committee.
After holding several important executive
positions in the Upstream segment in France
and internationally over the past 14 years,
Pouyanné successfully managed the
transformation of the Refining and Chemicals
segment, the firm said on its website on
Wednesday.
Desmarest’s role as Chairman of the Board of
Directors will conclude at the end of 2015 in
accordance with the age limits stipulated in
the Group’s bylaws. The positions of Chairman
of the Board of Directors and Chief Executive
Officer will then be recombined.
Following the designation by the Central
Works Council of a board member to
represent employee shareholders, which is
scheduled for November 4, 2014, the Group’s
Board of Directors will consist of 14 members,
including one employee shareholder
representative.
A graduate of the École Polytechnique and an
engineer of the French Corps des Mines,
Desmarest served as Director of Mines and
Geology in New Caledonia, then as technical
advisor at the Offices of the Minister of
Industry and the Minister of Economy.
He joined TOTAL in 1981, where he held
various management positions, then served as
President of Exploration and Production until
1995. He served as Chairman and Chief
Executive Officer of Total from May 1995 until
February 2007, and then as Chairman of the
Board of Total until May 21, 2010. He was
appointed Honorary Chairman and remains a
director of Total and Chairman of the Total
Foundation.
Pouyanné is a graduate of École Polytechnique
and an Engineer of the French Corps des
Mines. From 1989 to 1996, he held various
positions in the French Industry Ministry and
in ministerial offices, including Environment
and Industry Technical Advisor to the Prime
Minister from 1993 to 1995 and Chief of Staff
to the Information Technology and Space
Minister from 1995 to 1996.
He joined Total in January 1997, as Chief
Administrative Officer of Total Exploration
and Production Angola and became Group
Representative in Qatar and CEO of Total E&P
Qatar in 1999.
In August 2002, he was named Senior Vice
President, Finance, Economics and
Information Systems in Exploration and
Production. In January 2006, he became
Senior Vice President, Strategy, Business
Development and Research and Development
in Exploration and Production.
Pouyanné has been a member of Total’s
Management Committee since May 2006. In
March 2011, he was appointed Senior Vice
President, Chemicals and Senior Vice
President, Petrochemicals. In January 2012,
Patrick Pouyanné was appointed President,
Refining & Chemicals and member of the
Executive Committee.
Meanwhile, the Board of Directors met on
Wednesday and paid homage to Chairman and
CEO Christophe de Margerie, who died
tragically in an airplane accident in Moscow
on the night of October 20-21, 2014.
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