PARIS--(BUSINESS WIRE)--Regulatory News:
By recommendation of the Company's Nomination and Compensation Committee, today Veolia’s (Paris:VIE) Board of Directors decided to propose the renewal of Antoine Frerot's term of office as a Director at the Annual General Shareholder's Meeting.
The Board will appoint Antoine Frérot as Chairman and Chief Executive Officer of Veolia for a further term of four years, subject to the approval at the Annual Shareholder’s General Meeting.
Veolia group is the global leader in optimized resource
management. With over 163 000 employees worldwide, the Group designs and
provides water, waste and energy management solutions that contribute to
the sustainable development of communities and industries. Through its
three complementary business activities, Veolia helps to develop access
to resources, preserve available resources, and to replenish them.
In 2016, the Veolia group supplied 100 million people with drinking water and 61 million people with wastewater service, produced 54 million megawatt hours of energy and converted 30 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €24.39 billion in 2016. www.veolia.com