Gérard Mestrallet

Gérard Mestrallet
Born 1 April 1949
Paris, France
Nationality French
Alma mater École Polytechnique, ÉNA
Occupation CEO of GDF Suez

Gérard Mestrallet (born 1 April 1949 in Paris) is the Chairman and CEO of GDF Suez, as well as the Chairman of the Board of Suez Environnement.[1]

Biography

Education

He graduated from Sciences Po Toulouse, the Ecole polytechnique, École nationale de l'aviation civile and the École nationale d'administration.[2]

Career

After his graduation from ENA, he joined the Treasury. Between September 1982 and July 1984 he was the technical advisor in charge of industrial affairs under the Minister of Economics and Finance (during the time of Jacques Delors)

In 1984, he started working as a special advisor for Suez, known today just as Suez.[3] He has been its Chairman and CEO since 2001.He was named Deputy Delegate General for Industrial Affairs in June 1986. In July 1987, he was General Director of the European Court of Human Rights, an affiliate of the Compagnie financière de Suez. In January 1991 he started as the Deputy Director General of the company, but a month later he became the Managing Director and Chairman of the Management Committee of the Société General de Belgique, to ensure its refocusing and development.

He was appointed as a member of the Hong Kong Chief Executive's Council of International Advisers in the years of 1998-2005.[4] He is the President of Paris Europlace . He is also the President of the Fondation Agir Contre l'Exclusion (FACE).[5]

In 1995 he took a position as the head of Suez and since then he has worked for Suez while focusing on three businesses: energy, water, and waste [6] He was also the instigator of the reconciliation between Suez and the Lyonnaise des Eaux. The Suez-Lyonnaise des Eaux was started in 1997, at which time Mestrallet became the chairman of its executive board while Jérôme Monod, chairman of Lyonnaise, became the Chairman of the Supervisory Board.[3][6] However, the group soon went back to its original name, Suez and in 2003 its leaders made a proposition to shareholders to change the association of the company by becoming an LP with a board of directors and Gerard Mestrallet as the CEO.[3]

In October 2014, his retirement cap of 21 million euros was a controversy in the media due to GDF-Suez’s record losses for 2013 and its effort to prepare a savings plan [7]

He also serves on the Boards of International Power, Aguas de Barcelona, Electrabel, Saint-Gobain, and Pargesa Holding S.A..[1]

Other positions

Compensations

Mestrallet reached 3,005,079 in renumerations in 2012 (down 2.7% from 2011). It was the tenth compensation from SBF 120 and the eighth from CAC 40.[15][16]

Awards

He is Commander of the National Order of the Legion of Honour[17] and is a Knight of the National Order of Merit.

Personal life

Gérard Mestrallet is the son of Georges Mestrallet and Paule Mestrallet-Besnard. He has two brothers, Michael and Patrick Mestrallet. He married Joëlle Emillienne Renée Arcens in 1974 and they currently have three children [18]

References

  1. 1.0 1.1 "GDF board biography". Gdfsuez.com. Retrieved 12 July 2013.
  2. Gérard Mestrallet - Chairman and Chief Executive Officer, GDF SUEZ S.A., Businessweek
  3. 3.0 3.1 3.2 "Gerard Mestrallet". DIRIGEANTS ENTREPRISE. Retrieved 24 October 2014.
  4. "Hong Kong". Info.gov.hk. 2003-11-06. Retrieved 12 July 2013.
  5. "FACE leadership". Fondationface.org. Retrieved 12 July 2013.
  6. 6.0 6.1 "Gerard Mestrallet". Fondationface.org. Retrieved 24 October 2014.
  7. "Polémique autour de la retraite-chapeau du PDG de GDF Suez". Le Figaro. Retrieved 24 October 2014.
  8. Institut de l'entreprise: Organisation
  9. Conseil de surveillance de l'Aspen Institute France, site de l'Aspen Institute France, consulté le 21 septembre 2012
  10. http://www.electrabel.com/whoarewe/finance/boardmembers.aspx
  11. http://www.agbar.es/fr/estructura-directiva.html
  12. http://www.pargesa.ch/index.php?option=com_content&view=article&id=82&Itemid=94&lang=fr
  13. http://www.iprplc-gdfsuez.com/our-company/board-of-directors.aspx
  14. Les salaires des patrons du SBF 120, Le journal du net, 25 juin 2013
  15. Classement : les salaires des patrons du CAC 40, Challenges, 3 mai 2013
  16. Décret du 2 mai 2012 portant promotion et nomination - NOR: PREX1221663D
  17. http://www.referenceforbusiness.com/biography/M-R/Mestrallet-G-rard-1949.html
Business positions
Preceded by
None
CEO of GDF Suez
2008–present
Succeeded by
Incumbent