Nationality French Occupation CEO of GDF Suez | Name Gerard Mestrallet | |
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Born 1 April 1949 (age 75) ( 1949-04-01 ) Paris, France Alma mater Ecole Polytechnique, ENA | ||
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Gérard Mestrallet (born 1 April 1949 in) is the chairman of the board of directors of Engie and former CEO (from July 2008 to May 2016). He is also the chairman of Suez.
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President Ilham Aliyev meets CEO of GDF Suez Gerard Mestrallet
Biography
He received degrees from Sciences Po Toulouse, the Ecole polytechnique, École nationale de l'aviation civile and the École nationale d'administration.
After his studies, he joined the Treasury. From 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. 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. He is the President of Paris Europlace. He is also the President of the Fondation Agir Contre l'Exclusion (FACE).
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 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. 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.
in July 2008, he was appointed CEO of Engie.
In 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.
On May 3, 2016, he became chairman of the board of directors of the group, with Isabelle Kocher appointed as CEO, as planned for months
He also serves on the Boards of International Power, Aguas de Barcelona, Electrabel, Saint-Gobain, and Pargesa Holding S.A..
Other positions
Compensation
Mestrallet reached 3,005,079 in remuneration in 2012 (down 2.7% from 2011). It was the tenth compensation from SBF 120 and the eighth from CAC 40.
In May 2016, Engie announced that Gérard Mestrallet's 350,000 euro chairman salary will go to the Engie foundation charity and that he will carry out his new job for free.
Awards
He is Commander of the National Order of the Legion of Honour and is a Knight of the National Order of Merit.
Personal life
He 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 has three children.