PARIS (Reuters) – The French government has decided to keep the chairman and chief executive roles at utility Engie separate and find a successor to chairman Gerard Mestrallet once he retires in 2018, business daily Les Echos said on Thursday.
Citing a government source, the newspaper said Isabelle Kocher, the current CEO, had failed to convince the French state, a major shareholder with a 24 percent stake in the company, to merge the two functions.
No one at the French finance ministry was immediately available for comment. A spokeswoman at Engie declined to comment.
(Reporting by Michel Rose, Benjamin Mallet; Editing by Matthias Blamont)