TotalEnergies board backs CEO Pouyanne's mandate renewal (updated)
UPDATE 1-TotalEnergies board backs CEO Pouyanne's mandate renewal Adds background in paragraph 2, details on board decisions and strategy in bullet point summary.
Sept 25 (Reuters) - TotalEnergies TTEF.PA said on Friday its board unanimously backed the renewal of Chairman and CEO Patrick Pouyanne's mandate and reaffirmed the relevance of the energy major's strategy ahead of its investor update scheduled for Monday.
In May, investors had overwhelmingly approved lifting the age limits for its chair and CEO roles, paving the way for Pouyanne to remain at the helm through 2033.
Renewal of Pouyanne's mandate to be proposed at May 2027 shareholders’ meeting
The board has decided to maintain the combined chairman and CEO role
Renewal of Lead Independent Director Jacques Aschenbroich's mandate also to be proposed
The board says TotalEnergies' strategy remains built around Oil & Gas and Integrated Power businesses
(Reporting by Zakarya Meliani; editing by Milla Nissi-Prussak)
((zakarya.meliani@thomsonreuters.com))
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