UPDATE 3-France ousts pro-nuclear head of power group EDF
Source: Reuters
President Francois Hollande ousted the pro-nuclear boss of France's main power utility EDF on Wednesday, replacing him with the head of defence electronics firm Thales a day after a new pro-renewables policy became law.
Outgoing Chairman and Chief Executive Henri Proglio had been seeking to renew a mandate that expires next month.
But his pro-nuclear views and status as a 2009 appointee of conservative former president Nicolas Sarkozy sat uncomfortably with the policy of Hollande's Socialist administration, which pushed through a new law on Wednesday that caps nuclear production at the current level.
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Levy ... was chief of staff under former post and telecoms minister Gerard Longuet between 1986 and 1988. In 2002, he became chief executive of telecoms and media group Vivendi , helping rebuild it after a series of acquisitions that had failed to deliver on their early promise and left the group heavily indebted.
Levy took up his current post at Thales, another company in which the government has a significant stake, in 2012 after disagreements over strategic direction at Vivendi.
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Read more: http://www.reuters.com/article/2014/10/15/edf-moves-ceo-idUSL6N0SA1GZ20141015
