Thales Names Philippe Logak as Acting Chairman and CEO

04.12.2014 New Appointments
Thales Names Philippe Logak as Acting Chairman and CEO

Thales Names Philippe Logak as Acting Chairman and CEO

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At the meeting of the Board of Directors of Thales Group on 27 November 2014, Jean-Bernard Lévy, who has been appointed Chairman and Chief Executive Officer of EDF, tendered his resignation to the company's Directors and it was accepted.

The Board of Directors paid tribute to Jean-Bernard Lévy for the work he accomplished since his appointment at the helm of Thales in 2012, particularly the implementation of a shared strategic ambition in order to return to profitable growth.

The Board also praised the results obtained in emerging markets as well as in terms of financial performance.

On the proposal of the French State and Dassault Aviation, the Board of Directors has appointed Mr. Philippe Logak (photo) as Acting Chairman and Chief Executive Officer of Thales until the final decision is taken.

The French state, via the State Shareholdings Agency (APE), holds 26.39% of the Thales Group’s capital. Dassault Aviation holds 25.3%.

Each of the markets that Thales serves (aerospace, space, ground transportation, defence and security) plays a vital role in society. Thales operates as a single  organisation, drawing on the talent and  technologies of the entire Group to act  as prime contractor, systems integrator,  equipment supplier and value-added  service provider on both civil and military programmes.

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