Boulogne-Billancourt, 1 October 2008 -
Vallourec, world leader in the production of seamless steel tubes, announces
that the Supervisory Board decided, at its meeting on 29 September 2008 chaired
by Jean-Paul Parayre, to appoint Olivier Mallet as a member of the Management Board
as from 30 September 2008. Mr Mallet is the Group’s Chief Financial Officer,
with responsibility for finance, legal and external communication.
In addition, as announced by Vallourec on 21
July, Bertrand Cantegrit presented his resignation from the Management Board
with effect from 30 September.
The Management Board now consists of Pierre
Verluca, Chairman, Jean-Pierre Michel and Olivier Mallet.
Olivier Mallet, 52, joined Vallourec on 15
July 2008. Immediately prior to joining Vallourec, he worked for Areva, which
he joined in 2004, initially as Executive Vice President of its subsidiary Areva
T&D. He was then appointed deputy CFO for the Group and subsequently Senior
Executive Vice President of the Mining, Chemistry and Enrichment Sector. Before
joining Areva, he was CFO and a member of the Executive Committee at Pechiney
(2001 to 2004), having occupied a similar position at Thomson Multimedia (1995
to 2001), which he joined in 1993. A graduate of IEP Paris and the École
Nationale d’Administration, Mr Mallet occupied a number of positions at the
French Ministry of Finance and in the cabinet offices of the French Prime Minister
and Finance Minister until 1993, having begun his career at the French General Inspectorate
of Finance in 1981.