Electrabel - Board of Directors
The Board of Directors
The Board is the ultimate decision-making body of the Company, except for those matters reserved to the General Assembly by law or the Articles of Association.
The Board's primary objective is to ensure the long-term success of the Company while respecting the interests of all stakeholders essential to the achievement of this objective, namely shareholders, staff, customers, suppliers and other creditors, and the public service obligations it must assume.
The Board defines the Company's values, strategy, the level of risk it is willing to assume and its key policies.
The Chief Executive Officer (CEO)
The Board of Directors entrusts the operational management (including the day-to-day management) of the Company and the representation in relation to this management to the Chief Executive Officer (CEO).
Cedric Osterrieth is Chief Executive Officer (CEO) of Electrabel SA since January 1st 2024.
Board Committees
The Board of Directors has set up an Audit Committee.
Statutory auditor
The company’s statutory auditor certifies Electrabel s.a. annual accounts. The Ordinary General Meeting of April 25, 2023 has decided to fix the annual remuneration of the auditor at a total amount of €1 273 250. His term of office ends at the close of the 2026 Ordinary General Meeting.
Deloitte Business Auditor
Managing representative: Corine Magnin, Business Auditor
Publications
ENGIE ensures that the best corporate governance practices are employed within Electrabel. Its charter reflects the governance principles applied.
The Board of Directors : composition
Johnny Thijs
Cedric Osterrieth
Thierry Saegeman
Since January 1st 2024 he is Executive Vice President of the ENGIE Group in charge of Transformation and Geographies. He keeps his function of nuclear officer of Electrabel.
Pierre-François Riolacci
Paulo Almirante
Sébastien Arbola
Etienne Denoël
Philippe Van Troeye
Patrick van der Beken