Corporate Governance: Management Board term of office renewal

05/03/2012 - Governance, Management Board
In view of the expiration of the Management Board’s term of office on March 15, Vallourec’s Supervisory Board, at its meeting on February 22, has decided to reappoint its current Board members.

​Boulogne-Billancourt, 5 March 2012 – In view of the expiration of the Management Board's term of office on March 15, Vallourec's Supervisory Board, at its meeting on February 22 chaired by Mr Jean-Paul Parayre, has decided to reappoint its current Board members, Mr Philippe Crouzet, Chairman of the Management Board, Mr Jean-Pierre Michel, Member of the Management Board, Chief Operating Officer and Mr Olivier Mallet, Member of the Management Board, Chief Financial Officer, for a further four year period.

More information: http://www.vallourec.com/en/group/corporate-governance/

 


About Vallourec

Vallourec is a world leader in premium tubular solutions primarily serving the energy markets, as well as other industrial applications. In 2011, Vallourec sales amounted to €5.3 billion.

With over 22,000 employees, integrated manufacturing facilities, advanced R&D, and presence in more than 20 countries, Vallourec offers its customers innovative global solutions to meet the growing energy challenges of the 21st century.

Listed on NYSE Euronext in Paris (ISIN code: FR0000120354, Ticker VK) and eligible for the Deferred Settlement System, Vallourec is included in the following indices: MSCI World Index, Euronext 100 and CAC 40.

In the United States, Vallourec has a sponsored Level 1 American Depository Receipt (ADR) program (ISIN code: US92023R2094, Ticker: VLOWY). The ratio of Vallourec ADR to ordinary shares is 5:1.

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