Saint-Gobain Seeks to Extend CEO's Contract by Four Years
November 24 2017 - 2:08AM
Dow Jones News
By Nathan Allen
France's Compagnie de Saint-Gobain S.A. (SGO.FR) said late
Thursday that its board of directors will propose the extension of
Chief Executive Pierre-Andre de Chalendar's contract by four years
at its next shareholders' meeting.
Mr. Chalendar joined the company in 1989 as a vice president and
became its chief executive in 2007.
"I am extremely honoured by the Board of Directors' renewed
confidence," Mr. Chalendar said. "If our shareholders approve the
decision, I will continue to work with pride and enthusiasm."
The next shareholders' meeting will be held in June 2018.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
November 24, 2017 01:53 ET (06:53 GMT)
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