SNCF CEO Jean-Pierre Farandou changed after the Olympics | EUROtoday

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un reprieve throughout the Olympics. The authorities introduced on Tuesday, May 7, that SNCF CEO Jean-Pierre Farandou is not going to be reappointed for a second time period on the head of the railway group. However, he’ll proceed his mission throughout the summer time. as a way to assure the profitable group of the Olympic and Paralympic Games.

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Once the occasion is over – the Paralympic Games finish on September 8 –, “ the President of the National Assembly and the President of the Senate will be informed by the President of the Republic of the name of the proposed successor of Jean-Pierre Farandou,” continues the manager in a press launch.

Accountable

The man had chaired SNCF since November 2019. At the time, his missions have been to implement the 2018 railway reform and restore the railway group's accounts. In 2023, SNCF recorded 1.3 billion euros in earnings, and already 2.4 billion euros the earlier 12 months. Jean-Pierre Farandou had till now all the time made identified his intention to proceed for a second time period as president of the SNCF. He ought to then have left workplace in July 2025, as a result of he reached the age restrict of 68 years.

READ ALSO Railway staff, air site visitors controllers, RATP… The massive heist earlier than the OlympicsThis information comes a number of days after the announcement of the summons of Jean-Pierre Farandou by the Minister of the Economy, Bruno Le Maire, following the signing of a controversial settlement on early retirement inside the group. This gives specifically that railway staff profit from an improved end-of-career part-time scheme from January 2025.

Bruno Le Maire had defined that he anticipated Jean-Pierre Farandou to “ be accountable.” “ This agreement on pensions is not satisfactory in my eyes,” mentioned the Minister of the Economy, referring to a “dysfunction”.


https://www.lepoint.fr/politique/le-pdg-de-la-sncf-jean-pierre-farandou-remplace-apres-les-jo-07-05-2024-2559674_20.php

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