Thales Said to Name EDF’s Proglio as New Chairman; Caine as CEOMark Deen
Thales SA, the French defense electronics maker, is set to name Henri Proglio chairman and Patrice Caine chief executive, according to a person familiar with the matter.
The appointments will be made at a board meeting scheduled tentatively for 6 p.m. Paris time tomorrow, said the person, who declined to be named because the plans are private.
Thales, whose products range from flight simulators and aircraft electronics to radar for ground combat vehicles, has been looking for a new executive team since Jean-Bernard Levy left to become head of Electricite de France SA in November.
The arrival of Proglio, chief executive of EDF until last month, completes a leadership swap between two companies that are part-owned by the French state. Proglio didn’t return calls seeking comment. A spokeswoman for Thales declined to comment.
Caine, 44, has been at Thales since 2002 and chief operating officer since February last year.
The French government owns 26 percent of Thales, while Dassault Aviation, owns another 25 percent. The government owns 84 percent of EDF.
The appointments were first reported by Agence France-Presse.