💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

France's Total rehuffles management in renewables drive

Published 04/07/2016, 21:08
Updated 04/07/2016, 21:10
© Reuters. The logo of French oil and gas company Total is seen during a shareholders meeting in Paris

PARIS (Reuters) - French oil major Total has moved the head of its refining and chemicals arm to run its newly created gas, renewables and power division as the group strives to become a leading renewables and electricity player within 20 years.

The appointment of Philippe Sauquet to oversee Total's expansion in renewables makes room for Bernard Pinatel to return to the company as president of the refining and chemicals arm.

Pinatel returns from Bostik, a former Total subsidiary that was sold to Arkema. He was a member of Total's refining and chemicals management committee from 2012 to 2014.

Pinatel will join Total's executive committee, as will Namita Shah, who was appointed executive vice president and will take charge of Total's human resources division and oversee the newly created Total Global Service.

The new appointments will take effect from Sept. 1.

© Reuters. The logo of French oil and gas company Total is seen during a shareholders meeting in Paris

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.