Eiffage CEO de Ruffray put forward as SocGen board candidate

Believe SA

10/03/2023 11:45

PARIS, March 10 (Reuters) - Societe Generale  SOGN.PA 
said on Friday that its board will propose that shareholders
elect Eiffage  FOUG.PA  Chief Executive Officer Benoit de
Ruffray as an independent board director at its general meeting
in May. 
    De Ruffray, 56, has led the French construction firm, which
is part of the country's blue-chip and mid-cap stock index SBF
120  .SBF120  since January 2016 and currently holds no other
mandate as board member in any listed company, France's
third-biggest bank said. 
    Three other board appointments will be put to the vote at
the meeting on May 23.
    They are those of SocGen's incoming CEO Slawomir Krupa, who
was appointed last September; Beatrice Cossa-Dumurgier, the
chief operating officer at French digital music company Believe
 BLV.PA  and Ulrika Ekman, a Swedish and American national who
held various positions at U.S. investment bank Greenhill & Co. 
    If elected by SocGen's shareholders, the four new board
members will replace outgoing CEO Frederic Oudea, Kyra Hazou,
Gerard  Mestrallet and Juan Maria Nin Genova.
    These board appointment proposals come on the heel of a top
management reshuffle proposed by Krupa, who is also set to
formally take the reins of the French lender on May 23.
    
    
    

 (Reporting by Mathieu Rosemain; Editing by Sharon Singleton)
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