The SUEZ Board of Directors co-opts Philippe Petitcolin as new member of the Board
During his c.6 year tenure as Chief Executive Officer of Safran Mr. Petitcolin drove sustained growth and profitability resulting in substantial outperformance of Safran relative to the CAC40 benchmark. Mr. Petitcolin also oversaw the execution of Safran’s action plan which allowed Safran to successfully navigate the Covid-19 crisis.
Mr. Petitcolin is the fourth new appointment to the Board of Directors since October 27th 2020 following the co-optations of Mr. Anthony R. Coscia, Partner and Executive Committee member of Windels Marx, LLP, Mr. Bertrand Meunier, Chairman of the Board of Directors of Atos, and Mr. Jacques Richier, Chairman and CEO of Allianz France. These appointments demonstrate the continued commitment of SUEZ’s Board of Directors to further reinforce the skills and expertise necessary to oversee the execution of SUEZ’s strategy. This co-optation will be submitted to the approval of the next SUEZ General Meeting.
Biography of Philippe Petitcolin:
Mr. Petitcolin was, until recently, Chief Executive Officer of Safran, a leading international high-technology group operating in the aviation, defence and space markets. Mr. Petitcolin also serves as Non-Executive Director of EDF where he is a member of the Strategy Committee and of Pernod Ricard where he is a member of the Compensation Committee. Mr. Petitcolin began his career in 1978, joined Safran in 2001 and was appointed Director and Chief Executive Officer of Safran in April 2015.
Mr. Petitcolin holds a degree in mathematics from the University of Nancy and is a graduate of the Centre de Perfectionnement aux Affaires (CPA) business school.