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GLE Societe Generale SA

24.75
0.04 (0.16%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Societe Generale SA EU:GLE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.04 0.16% 24.75 24.50 24.86 24.85 24.34 24.50 2,398,321 16:40:00

Societe Generale Board Approves CEO's Management Proposals

04/08/2020 9:03am

Dow Jones News


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By Olivia Bugault

 

French banking giant Societe Generale SA on Tuesday said its board of directors approved several management reorganization proposals from its Chief Executive Frederic Oudea.

The bank said its board agreed to have two deputy CEOs instead of four and to create new positions of deputy general managers.

The duties of deputy CEO Philippe Aymerich will be expanded after the departure of Philippe Heim, while Diony Lebot--deputy CEO currently in charge of risk and compliance--will also be entrusted with more tasks, Societe Generale said.

Meanwhile, Severin Cabannes will step down as deputy CEO at the end of the year, and Slawomir Krupa, current head of global banking and investor solutions for the Americas, Sebastien Proto--currently head of group strategy--and Chief Financial Officer William Kadouch-Chassaing are appointed deputy general managers with different supervision roles and starting dates.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

August 04, 2020 03:48 ET (07:48 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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