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TotalEnergies (NYSE:TTE) said Thursday its board voted unanimously to propose the renewal of Patrick Pouyanne’s mandate as Chairman and CEO at the general meeting in May, in a vote of confidence in the company’s management and governance.
“Since 2014, Patrick has done an extraordinary job leading TotalEnergies in a complex environment, delivering outstanding financial results and engaging the company in the energy transition quicker and stronger than its peers,” lead independent director Jacques Aschenbroich said.
TotalEnergies (TTE) said it is a much more efficient and profitable company today than it was 10 years ago, “benefits from a fortress balance sheet and is positioned to both implement its transition strategy and to guarantee an attractive shareholder return policy.”
