Frederic Oudea to become Sanofi's non-executive chairman

PARIS – The appointment of Societe Generale’s boss Frederic Oudea as non-executive chairman of Sanofi will probably be proposed on the subsequent shareholders assembly of the French medicine group, Sanofi stated on Monday.

Sanofi made the announcement in a press release appointing Oudea as “Censeur” (non-voting member) of the board with speedy impact.

“The appointment of Frederic Oudea as a director will probably be submitted for approval on the subsequent Annual Normal Assembly,” the ststement stated.

“Following this shareholders’ assembly, a proposal will probably be made to the board of administrators of Sanofi to nominate Frederic Oudea as non-executive chairman of the board, changing Serge Weinberg whose time period of workplace could have expired, it stated.

Oudea stated in Might he'll go away his place as CEO and director of Societe Generale in Might 2023.

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