By Inti Landauro
PARIS-- GDF Suez SA will appoint Judith Hartmann, the
Austrian-born former chief financial officer at German publishing
firm Bertelsmann, as its new finance chief as the Franco-Belgian
gas and nuclear utility plans annual asset sales of up to EUR3
billion ($3.6 billion) in the next few years.
Ms. Hartmann will replace Isabelle Kocher, who took the job of
deputy chief executive at the power group in October. Ms. Hartmann
had announced her departure from Bertelsmann in late November.
As well as announcing Ms. Hartmann's appointment on Tuesday, GDF
Suez CEO Gérard Mestrallet said proceeds from the asset sales over
the next three years would be used to finance "significant" but not
"transforming" acquisitions.
Before her stint at Bertelsmann, Ms. Hartmann held top executive
jobs at General Electric (GE), Mr. Mestrallet said.
Write to Inti Landauro at inti.landauro@wsj.com
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