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Isabelle Kocher, CEO of Engie, immediately leaves office

Engie’s chief executive, Isabelle Kocher, will step down on Monday, February 24, before her term expires in May, the energy giant said in a statement on the same day.

The board of directors, which decided in early February not to renew her for a new term, “Ratified the acceptance by Isabelle Kocher of the proposal made to her to end her functions as general manager without waiting for the end of her mandate scheduled for May 2020”, depending on the company.

Also read: after the eviction of Isabelle Kocher, the lessons of a monumental mess

“New leadership”

She also resigned from her mandate as administrator, “For the sake of consistency”, specifies Engie, who adds that the financial conditions of his departure will be made public. The board of directors announced on February 6 that Mme Kocher, the only woman at the head of a CAC 40 business, would not be reappointed, considering that “Deepening the strategy required new leadership”.

He had appointed a trio responsible for acting while awaiting the appointment of a replacement: Claire Waysand (secretary general), who will be acting director general, with Paulo Almirante (director of operations) and Judith Hartmann (financial director) . Claire Waysand was thus appointed chief executive officer on Monday ” with immediate effect “, specifies the press release. Engie is now scheduled to release its annual results as scheduled on February 27.

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