Economy

SNCF: three questions on the replacement of CEO Jean-Pierre Farandou, announced by the government

End of journey in sight for Jean-Pierre Farandou. The government announced on Tuesday, May 7, that the CEO of SNCF would not be renewed at the end of his mandate, which expires on May 13. However, he will only leave his position at the end of the Olympic and Paralympic Games, “in order to guarantee good organization” of the event, said the executive. But this departure is particularly controversial, following the signing of an agreement on the end of his career at the SNCF. Franceinfo takes stock.

Two versions clash. The railway workers’ unions seem convinced that Jean-Pierre Farandou is the victim of a sanction, of a punishment and that he serves as “fuse” according to Sud Rail. From a government source, this is a simple unfortunate clash of the calendar since an announcement was needed before the annual general meeting of the SNCF holding company, scheduled for next Monday, on the renewal or not of the mandate of Jean-Pierre Farandou. The latter would also have reached, in July 2025, the age limit of 68 years to manage a public company.

According to our information, from several sources, the decision to replace him and let him do a sort of interim until the end of the Olympic and Paralympic Games, had in any case already been taken, for at least a few days. A decision reminiscent of that, in March, concerning Augustin de Romanet, the president of the ADP group, formerly Aéroports de Paris, without the precise end of this sort of interim being very clear today: in September or possibly a few months later .

Perhaps because the boss of the SNCF made the mistake of rejoicing too much at the signing of the four railway unions. Some of these unions have publicly claimed that this agreement would somehow mitigate the effects of pension reform. The idea was to respond to long-standing demands – in particular from controllers who had led two hard strikes during the 2022 Christmas holidays and then during the last February holidays – by taking into account the arduousness of the professions.

This offered drivers and controllers the possibility of no longer working, from 15 or even 18 months before their retirement date, while remaining paid by the company at 75% of their salary excluding bonuses. Jean-Pierre Farandou is in any case heard Tuesday afternoon in the Senate on the subject of this famous agreement on the end of careers.

  • For more: Elrisala website and for social follow us on Facebook
  • Source of information and images “francetvinfo

Related Articles

Back to top button