Veolia Revamps Its Finance Division to Accelerate Its New GreenUp Growth Programme
July 22 2024 - 1:18PM
Business Wire
Regulatory News:
As part of the deployment of its GreenUp strategic plan aimed at
accelerating ecological transformation, Estelle Brachlianoff, CEO
of Veolia (Paris:VIE), announces the appointment of Emmanuelle
Menning as Deputy CEO Finance and Purchasing from September 1,
2024, and the arrival of Selma Bekhechi as Director of Investor
Relations.
These nominations mark an important step in the deployment of
the new strategic plan. They will infuse a new dynamic to
strengthen the Group's growth and efficiency strategy, while
ensuring perfect alignment with its financial objectives.
Their expertise within major international groups and their
complementary skills will enable us to reconcile economic
performance and international development with the expectations of
all our stakeholders.
Emmanuelle Menning, who is already a member of the management
committee since September 2020 and in the Group since 2014, will
join the executive committee from September 1, 2024 and will report
directly to Estelle Brachlianoff.
Estelle Brachlianoff commented "I wish Emmanuelle Menning full
success in her new responsibilities. Her international career and
the diversity of her missions within the Group, both on the
operational side and on structural issues, will be decisive assets
to value our positive impact in the face of environmental
challenges to investors."
Selma Bekhechi also joined the finance division in June 2024 to
head the investor relations and financial communication management.
Selma Bekhechi has joined the management committee.
Following 24 years with the Veolia group, six of which as CFO,
Claude Laruelle has decided to take his career in a new direction.
He will carry on working with the group on strategic issues
relating to mergers and acquisitions.
Estelle Brachlianoff declares: “Claude has supported the
financial teams with passion and determination. He has contributed
to the Group's major milestones, enabling us today to approach the
GreenUp plan with confidence. I would like to warmly thank him for
his valuable contribution to the transformation of Veolia and the
success of the merger with Suez.”
Emmanuelle Menning : After
an experience in auditing at Price Waterhouse Cooper and then in
financial consulting at Ernst & Young, and later in investment
banking at Natixis CIB, Emmanuelle Menning joined Veolia in 2014 in
its German subsidiary, of which she became the financial director
in 2016. Two years later, she added to her portfolio the
operational finance division of waste activity and development.
Since 2016, Emmanuelle Menning has also been a member of the
supervisory board of service companies in the Energy and Water
services at the international level.
In September 2020, she was nominated Deputy Chief Financial
Officer of Veolia Environment and is a member of the Veolia
executive committee.
Selma Bekhechi : After
several experiences within Carrefour, Alstom and Alcatel-Lucent in
investor relations, strategy, digital transformation and e-commerce
positions, Selma Bekhechi joined the finance division of Veolia in
June 2024 to head the investor relations and financial
communication department. She is in charge of managing financial
communication and exchanges with the investor community, in line
with the new roadmap of the Group.
ABOUT VEOLIA
Veolia's ambition is to become the benchmark company for
ecological transformation. With nearly 218,000 employees on five
continents, the Group designs and deploys useful, practical
solutions for managing water, waste and energy that help to
radically change the world. Through its three complementary
activities, Veolia contributes to developing access to resources,
preserving available resources and renewing them. In 2023, the
Veolia group served 113 million people with drinking water and 103
million with wastewater services, produced 42 terawatt-hours of
energy and recovered 63 million metric tons of waste. Veolia
Environnement (Paris Euronext: VIE) generated consolidated sales of
€45.3 billion in 2023. www.veolia.com
IMPORTANT DISCLAIMER
Veolia Environnement is a corporation listed on the Euronext
Paris. This press release contains “forward-looking statements''
within the meaning of the provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
not guarantees of future performance. Actual results may differ
materially from the forward-looking statements as a result of a
number of risks and uncertainties, many of which are outside our
control, including but not limited to: the risk of suffering
reduced profits or losses as a result of intense competition, the
risk that changes in energy prices and taxes may reduce Veolia
Environnement’s profits, the risk that governmental authorities
could terminate or modify some of Veolia Environnement’s contracts,
the risk that acquisitions may not provide the benefits that Veolia
Environnement hopes to achieve, the risks related to customary
provisions of divestiture transactions, the risk that Veolia
Environnement’s compliance with environmental laws may become more
costly in the future, the risk that currency exchange rate
fluctuations may negatively affect Veolia Environnement’s financial
results and the price of its shares, the risk that Veolia
Environnement may incur environmental liability in connection with
its past, present and future operations, as well as the other risks
described in the documents Veolia Environnement has filed with the
Autorité des Marchés Financiers (French securities regulator).
Veolia Environnement does not undertake, nor does it have, any
obligation to provide updates or to revise any forward-looking
statements. Investors and security holders may obtain from Veolia
Environnement a free copy of documents it filed (www.veolia.com)
with the Autorités des marchés financiers.
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GROUP MEDIA RELATIONS Laurent Obadia - Evgeniya
Mazalova Tel.+ 33 (0) 1 85 57 86 25
presse.groupe@veolia.com
INVESTORS RELATIONS Selma Bekhechi - Ariane de
Lamaze Tel. +33 (0) 1 85 57 84 76
investor-relations@veolia.com
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