France to launch process for the succession of EDF’s Chairman and Chief Executive
Jean-Bernard Lévy’s term of office as Chairman and Chief Executive Officer of EDF will end no later than 18 March, 2023, given the age limit set by the company’s bylaws.
In agreement with Jean-Bernard Lévy, the new Chairman and CEO of EDF, when appointed, will be able to take up his duties before this deadline. In accordance with the applicable provisions, this appointment will be subject to a proposal by the Board of Directors to the State.
The Board of Directors has renewed its confidence in Jean-Bernard Lévy, who has confirmed that he will perform his duties until the appointment of his successor.
Furthermore, the Board of Directors has taken note of the State’s intention to hold 100% of EDF’s capital and will provide all its support to achieve this, according to the terms adopted by the State and in the interest of all the parties concerned.
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