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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.18 | 0.71% | 25.57 | 25.565 | 25.58 | 25.69 | 25.30 | 25.32 | 215,539 | 09:20:00 |
From May 2019 to May 2024
By Pietro Lombardi
Societe Generale SA (GLE.FR) will confirm its CEO and his deputies for four years, the French bank said Monday.
The mandate of Chief Executive Frederic Oudea is expected to be renewed after a shareholders' vote in May on the proposal of the board to extend Mr. Oudea's term as board member for four years. At the close of the vote, the board will confirm Mr. Oudea for four more years "so that he may fully implement the strategic plan announced in 2017," France's third-largest listed bank by assets said.
Deputy Chief Executive Officers Severin Cabannes, Philippe Aymerich, Philippe Heim and Diony Lebot will also be confirmed for four years.
Shareholders will also be asked to vote on the confirmation of two other board members.
The bank's shareholders meeting is scheduled for May 21.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
March 18, 2019 08:27 ET (12:27 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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