Luc Rémont, a man from Schneider Electric big favorite to lead EDF

Luc Rémont, a man from Schneider Electric big favorite to lead EDF

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Luc Rémont began his career at the Ministry of Defence. Christophe Morin/IP3 PRESS/MAXPPP

The executive wants a leader with industrial and international experience, as well as a good knowledge of the state apparatus.

“Applications will be submitted to me”said Emmanuel Macron at a press conference on Monday when he was asked about the succession of the CEO Jean-Bernard Levyanticipated by a few months, as announced last July.

Obviously discreet about the applicants, the Head of State however slipped a first clue by evoking “presidency and management” of the group. According to concordant sources, the Élysée indeed leans towards a dissociated governance at EDF rather than the appointment of a CEO. The executive therefore reproduces with the electrician a policy that it has so far mainly applied in companies in which the State is a minority shareholder, such as Orange or Engie, but much more rarely in 100% public companies. What EDF will soon be, once the stock market exit operation is finalized.

The objective of the separation at EDF is to allow the Chief Executive Officer to fully concentrate on operational, strategic subjects in…

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