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Philippe Varin nominated next Director of SUEZ

  • Philippe Varin nominated next Director of SUEZ
    Credit: Wikipedia
  • The former head of PSA Peugeot Citroën to replace Jean-Louis Chaussade, whose term as Chairman of the Board of Directors will end in May 2020. 

About the entity

As an expert in water and waste for 150 years that is present on the 5 continents, SUEZ harnesses all its capacity for innovation to work for the efficient and sustainable management of resources.

Following the selection process by the Nominating, Compensation and Governance Committee, the Board of Directors of SUEZ decided unanimously in a meeting to submit Mr. Philippe Varin’s nomination as Director to the vote of the Shareholders Annual General Meeting on May 12. The Board of Directors of SUEZ will nominate, subject to approval at the Annual General Meeting, Mr. Philippe Varin as Non-Executive Chairman of the Board, replacing Mr. Jean-Louis Chaussade whose term as Chairman of the Board of Directors will end at the conclusion of the May 12, 2020, Annual General Meeting. The Board will submit to the Annual General Meeting an amendment of the company’s statutes in order to allow Mr. Varin complete his mandate as Chairman during the full term of his office as Director.

Jean-Louis Chaussade stated, “I welcome Philippe Varin’s selection as the future Chairman of SUEZ provided, of course, that he will be nominated as Chairman at the Group’s Annual General Meeting next May. He is a consummate industry professional who will use his experience to our Group’s benefit. It is an honor for SUEZ, and for me, that he will be my successor, and, with the CEO and his team, be able to guide the Group to new successes.”

SUEZ CEO Bertrand Camus added, “I join Jean-Louis Chaussade and welcome the Board’s unanimous proposal to submit the candidacy of Philippe Varin to the Annual General Meeting. His human qualities, his industry and global experience will be a major advantage in the implementation of our strategic plan, Shaping SUEZ 2030. I am looking forward to building a team with him.”

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