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Soc Gen says CEO Oudea to quit next year -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: Societe Generale Chief Executive Officer Frederic Oudea attended the Euronext Stock Exchange’s annual conference, Paris (France), January 14th 2020. REUTERS/Benoit Tessier

PARIS (Reuters) – Societe General said Tuesday that Frederic Oudea would not seek to renew his contract at its next shareholder’s meeting, May 23rd, 2023.

According to the bank, it will begin the search for a new chief executive. This process should conclude by 2023.

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