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5mo ago

Bernard Fontana Secures Parliamentary Approval as Next EDF CEO

Fontana's nomination has been ratified, setting the stage for his leadership amid EDF's financial and nuclear investment challenges.

Bernard Fontana était entendu ce 30 avril par les parlementaires, à Paris.
Bernard Fontana était entendu ce 30 avril au matin par les parlementaires.
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Les élus des deux commissions ont avalisé le choix fait par le chef de l’Etat de placer Bernard Fontana à la tête du géant français de l’électricité par 55 voix contre 40.

Overview

  • Bernard Fontana, currently CEO of Framatome, was formally approved by parliamentary commissions with a vote of 55 for, 40 against, and 3 abstentions.
  • Fontana will officially assume his role as EDF CEO following the company’s general meeting on May 5, 2025.
  • EDF faces significant financial pressure, with €145 billion in nuclear investments planned and substantial existing debt despite €11.4 billion in profits last year.
  • Fontana's mandate includes delivering competitively priced, low-carbon electricity and managing EDF’s 191,400 employees under tight state oversight.
  • His extensive industrial background includes leadership roles at SNPE, Arcelor, Holcim, and Framatome, positioning him to navigate EDF's operational and strategic challenges.