SNCF CEO Jean-Pierre Farandou will be replaced after the Paris Olympics, government announces
The CEO of SNCF, Jean-Pierre Farandou, will not be reappointed for a second term at the head of the railway group but will continue his mission during the summer “in order to guarantee the successful organization of the Olympic and Paralympic Games”, announced the government on Tuesday May 7. After the competition, “the President of the National Assembly and the President of the Senate will be informed by the President of the Republic of the name of the envisaged successor of Jean-Pierre Farandou”who has chaired the group since 2019, details the press release.
This decision comes after the signing of an agreement on the end of careers at SNCF, which had aroused the anger of Bercy. The Ministry of the Economy had summoned Jean-Pierre Farandou so that he “be accountable”. Signed on April 22 by the four representative unions of the SNCF, the text will allow railway workers to cease their activity before retirement, with more than a year not worked and paid at 75% depending on the category, giving rise to accusations of misappropriation of funds. the pension reform implemented last year.
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