Total’s Board of Directors have 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.
After joining the Group in 1974, Christophe de Margerie was appointed to the Executive Committee in 1999, then named CEO of Total on February 14, 2007, and Chairman and CEO on May 21, 2010. He dedicated his brilliant career to the development of the Group, enabling its success in the oil and gas sector and more recently in solar energy. The exceptional human and professional qualities that Christophe de Margerie exhibited during his time at Total were largely responsible for the success of the Group.
Following the recommendations of the Governance & Ethics Committee, the Board of Directors made the following two decisions:
- It named Thierry Desmarest Chairman of the Board of Directors. Desmarest is currently a member of the Board and Honorary Chairman of the Board.
- It named Patrick Pouyanne CEO and President of the Executive Committee. Until today, he was President of Refining & Chemicals and a member of the Executive Committee.
Desmarest’s role as Chairman of the Board of Directors will conclude at the end of 2015, at which point the positions of Chairman of the Board of Directors and CEO will be recombined.
Adapted from press release by Katie Woodward
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