Further to the completion of an external selection process by a special committee of the Board of Directors, the Appointments and Governance Committee has decided to select Mr Philippe Guillemot as Chairman and Chief Executive Officer of Vallourec for a four-year term, effective immediately.
Philippe Guillemot was until recently Chief Executive Officer of Elior Group. Prior to this, he had been Chief Operating Officer at Alcatel-Lucent and Chief Executive Officer and Board Member at Europcar; he served as Chairman and CEO of Areva Transmission and Distribution (T&D) from 2004 through 2010; he was a member of the Executive Committees at the automotive suppliers Faurecia (recently renamed Forvia, 2001–2003) and Valeo (1998–2000); he held various positions at Michelin (1983–1989 and 1993–1998) and became a member of the Executive Committee in 1996.