The Board of Directors of Colas SA, chaired by Hervé Le Bouc, met on October
Hervé Le Bouc announced his decision to resign as Chairman of the Board of
Directors of Colas SA.
All the members of the Board of Directors thanked Hervé Le Bouc for the role
he played in the transformation and continued development of the Group as
Chairman and Chief Executive Officer of Colas from October 2007 to May 2019.
The Board of Directors has appointed Olivier Roussat as Chairman of the Board
of Directors of Colas SA. Olivier Roussat, Deputy CEO of Bouygues SA and
Chairman of the Board of Directors of Bouygues Telecom, has been a Director of
Colas SA since April 17, 2019.
Previously non-voting Director of Colas SA, Arnauld Van Eeckhout, General
Secretary of the Bouygues group, has been co-opted Director.
The co-option will be submitted to the approval of the General Shareholders'
Meeting of April 22, 2020.
On May 14, 2019, the Board of Directors had decided to separate the functions
of Chairman of the Board of Directors and Chief Executive Officer, and to
appoint Frédéric Gardès Chief Executive Officer of Colas.
Colas, a subsidiary of the Bouygues Group, is a world leader whose mission is
to promote transport infrastructure solutions for sustainable mobility. With
58,000 employees in more than 50 countries on five continents, the Group
performs some 85,000 road construction and maintenance projects each year via
800 construction business units and 2,000 material production units.
In 2018, consolidated revenue at Colas totaled 13.2 billion euros (51% outside
of France). Net profit attributable to the Group amounted to 226 million euros.