Jérôme Pécresse, a senior executive at General Electric, leaves his post

Jérôme Pécresse, a senior executive at General Electric, leaves his post

Jérôme Pécresse, a senior executive at General Electric, leaves his post

Jérôme Pécresse, global vice president of the renewable energy branch of General Electric (GE), will leave his post, the management of the American conglomerate announced on Monday.

“GE confirms the imminent departure of its senior vice president Jérôme Pécresse, who has decided to devote himself to new projects,” indicated the management of General Electric France, confirming the information of the weekly Marianne.

Almost ten years at the helm of the renewable energy business

Jérôme Pécresse, Polytechnic, was the world leader in the renewable energy business, which he led for “practically ten years”. He is the husband of Valérie Pécresse, president Les Républicains of the regional council of Île-de-France and unsuccessful candidate in the last presidential elections.

Jérôme Pécresse “led the process of integrating Alstom’s energy assets sold to GE” in 2015, recalls GE. “It was in particular the spearhead of GE’s successful development in the field of offshore wind energy, which will form an essential pillar of GE Vernova,” continued the American industrialist.

“I will leave my operational responsibilities at the end of September, when the transition phase begins,” said Jérôme Pécresse in a letter to employees, consulted by the AFP.

“I am proud of the contributions we have made together with the renewable energy sector almost everywhere in the world”, he wrote again, saying he was “convinced that the development of renewable energy around the world will continue to accelerate and that technology will allow us to overcome limits” .

“The last charter of the French government has fallen”

“The future of the French entities is in the hands of the Americans”, feared Philippe Petitcolin, CFE-CGC (GE gas turbines) delegate. Jérôme Pécresse could “get the messages across” but “now France has no more interlocutors”, he added, seeing the leader’s departure “a bad sign”.

“It’s a mess for us,” smiles Alexis Sesmat, Sud Industrie’s delegate at General Electric’s gas turbine entity. “He was the only and last French interlocutor for Bercy. The last card of the French government has fallen ”.

In Article 4 of the agreement of November 2014, signed between GE and the French State on the occasion of the acquisition of the energy branch of Alstom, which AFP was able to consult, the company in fact undertakes “to propose to the Board of Directors of GE, after having informed the State of the election to the Board of Directors of GE of a President and CEO of primary French nationality ”.

According to Alexis Sesmat, this announcement is being made “in direct line with the reorganization and split of the group”. At the end of 2021, General Electric announced a reorganization of its operations, leading to the split into three companies in the energy, medicine and aeronautics companies. “The center of gravity of the energy part is no longer in France but on the other side of the Atlantic”, denounces the union delegate. In the 2014 agreement, valid for ten years, GE nevertheless commits to locate global centers in France.

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