Sector News

GDF Suez to Name Judith Hartmann as Chief Financial Officer

January 6, 2015
News
GDF Suez SA will appoint Judith Hartmann, the Austrian-born former chief financial officer at German publishing firm Bertelsmann, as its new finance chief as the Franco-Belgian gas and nuclear utility plans annual asset sales of up to €3 billion ($3.6 billion) in the next few years.
 
Ms. Hartmann will replace Isabelle Kocher, who took the job of deputy chief executive at the power group in October. Ms. Hartmann had announced her departure from Bertelsmann in late November.
 
As well as announcing Ms. Hartmann’s appointment on Tuesday, GDF Suez CEO Gérard Mestrallet said proceeds from the asset sales over the next three years would be used to finance “significant” but not “transforming” acquisitions.
 
Before her stint at Bertelsmann, Ms. Hartmann held top executive jobs at General Electric (GE), Mr. Mestrallet said.
 
By Inti Landauro
 

comments closed

Related News

August 23, 2019

The higher purpose of being a CEO

Borderless Leadership

LinkedIn Twitter Xing EmailWhen I left my second large company experience to become President of a small manufacturing company I did so driven by ego; I fancied the title. Soon […]

August 23, 2019

As Brexit nears, Britain’s drugs, devices and pricing regulators seek the exit

Life sciences

LinkedIn Twitter Xing EmailFirm details on exactly how the U.K. will regulate new medicines is still to be decided after it leaves the EU later this year (caveats on timing […]

August 23, 2019

The Simply Good Foods Company acquires Quest Nutrition for $1bn

Food & Drink

LinkedIn Twitter Xing EmailThe Simply Good Foods Company, the owner of Atkins-branded food products, has secured a deal to acquire protein snack maker Quest Nutrition for $1 billion. Quest, which […]

Send this to a friend