# Luc Remont proposed as new boss of French energy company EDF Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2022-09-30 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: French President Macron Proposes Luc Remont as EDF's Next CEO for Full Nationalisation Meta Description: French President Macron has proposed Luc Remont as EDF's next chief executive and chairman, as France moves towards full nationalisation of the energy URL: https://financedigest.com/luc-remont-proposed-as-new-boss-of-french-energy-company-edfhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2022-09-29t151032z1lynxmpei8s0wwrtroptp4edf-ceo-1736815123407-compressed.jpg) By Tassilo Hummel and Elizabeth Pineau PARIS (Reuters) – French President Emmanuel Macron has proposed Luc Remont as EDF’s next chief executive and chairman, said the Elysee presidential office, as France works on a full nationalisation of the struggling energy company. Remont, currently a top executive at Schneider Electric , is set to steer the nuclear energy giant through its full nationalisation as it faces headwinds linked to outages at many of its reactors. He will now be heard by lawmakers in France’s lower and upper chambers of parliament who still need to clear his nomination. Reports have said the [French government was divided on whether or not to split up the roles of chief executive](https://www.financedigest.com/adnami-appoints-senior-executives-in-french-and-german-speaking-markets-as-hiring-spree-continues.html "Adnami appoints senior executives in French and German speaking markets as hiring spree continues") and chairman. A parliamentary [source told Reuters the votes](https://www.financedigest.com/most-twitter-shareholders-vote-in-favor-of-sale-to-musk-sources.html "Most Twitter shareholders vote in favor of sale to Musk-sources") will likely come in October. It is important that [EDF be stabilised quickly to tackle the autumn and winter ahead,”](https://www.financedigest.com/uk-gives-go-ahead-for-edfs-sizewell-c-nuclear-plant-construction.html "UK gives go-ahead for EDF’s Sizewell C nuclear plant construction") the source added. Macron’s government this summer announced it would fully nationalise the debt-laden utility, which shoulders most of the [country’s power needs](https://www.financedigest.com/5-countries-you-need-to-have-an-offshore-account-in.html "5 Countries You Need To Have An Offshore Account In") and will be the centrepiece of an ambitious reactor construction programme. [EDF is currently rushing to get its fleet of nuclear](https://www.financedigest.com/uks-competition-watchdog-to-examine-edf-buying-ges-nuclear-turbine-unit.html "UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit") power stations ready for the winter after it needed to shut down several reactors due to corrosion issues and safety checks. Earlier this month, EDF also issued a new [profit warning](https://www.financedigest.com/bootmaker-dr-martens-warns-on-profit-as-finance-chief-walks.html "Bootmaker Dr Martens warns on profit as finance chief walks"). The pressures on [EDF have added to Europe’s](https://www.financedigest.com/edf-edison-ansaldo-team-up-to-develop-nuclear-power-in-europe.html "EDF, Edison, Ansaldo team up to develop nuclear power in Europe") energy crisis, caused by Russia’s invasion of Ukraine. Remont, who turned 53 this month, started his career at France’s defence procurement and technology agency, according to a biography on Schneider’s corporate website. He was also deputy chief of staff to [finance ministers](https://www.financedigest.com/scottish-finance-minister-kate-forbes-to-run-for-countrys-leadership.html "Scottish finance minister Kate Forbes to run for country’s leadership") for five years in the early 2000s during Jacques Chirac’s presidency. (Reporting by Tassilo Hummel and Elizabeth Pineau; Editing by Michel Rose/David Evans/Sudip Kar-Gupta) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---