Business

Brachlianoff set to succeed Frérot as Veolia CEO

Earlier this week (10 January), Veolia announced that CEO Antoine Frérot intends to step down from his current position in June. He is to be succeeded by current COO Estelle Brachlianoff, as of 1 July, who is also expected to join the company’s board of directors.

Veolia logoFrérot will remain as Chairman of the Board of Directors, the board expressing this as their ‘unanimous wish’, so that Veolia can ‘continue to benefit from his successful experience at the head of the Group and his commitment to Veolia’s values’. This decision will be proposed formally to shareholders in June.

In a statement, Veolia said that the board ‘is pleased to be able to count on [Frérot] as Chairman, and has already warmly thanked him for the 13 years that he has devoted to the group’s general management’.

Estelle Brachlianoff initially joined Veolia in 2005, and became head of the Industrial Cleaning and Facility Management activities in 2007, before heading the Waste activities in Ile-de-France from 2010, and in the UK from 2012. Between 2012 and 2018, she was Senior Executive Vice President UK and Ireland, and a member of Veolia’s Executive Committee.

Brachlianoff was a member of the President’s Committee of the Confederation of British Industry and President of the French Chamber of Commerce in Great Britain. In July 2018, she was appointed COO by Frérot.

Antoine Frérot, Chairman and CEO, commented: "Estelle has been with Veolia for almost 20 years, and her exemplary career in France and abroad has shown that she has all the qualities required to lead our team and continue to support our Group in its ambition for ecological transformation.

“By my side, she has taken part in the most structuring decisions for our Group for the next twenty years. I am therefore very pleased that she will be able to write a new page in the history of Veolia, by making the world champion of ecological transformation a reality. She has my full confidence to lead this new phase and she can count on my full support.

“For my part, as Chairman, I will ensure that the Board of Directors fully exercises its role in governance, helping Veolia to pursue its mission as a company that is useful to its stakeholders and true to its purpose."

Estelle Brachlianoff, Executive Vice President, said: "After four years of working with Antoine to meet exceptional challenges, I am particularly honoured to be entrusted with the management of Veolia as of next semester.

“The company is profoundly transformed, unified and more than ever ready to lead in each of its businesses. I will be keen to continue, with all the 230,000 employees that our Group will comprise tomorrow, the efforts we have been making for years to position Veolia as the benchmark company with which local authorities and industries wish to carry out their ecological transformation, and also the company in which the younger generations, passionate about the environment, want to work.

“To that end, I want Veolia to further accelerate the diversification of its talents and continue to innovate strongly for the planet."