Death of Thierry Desmarest, former boss of the Total group

by time news

2024-01-10 20:19:20

Former Total boss Thierry Desmarest, who chaired the oil company from 1995 to 2010 then on an interim basis in 2014 upon the death of Christophe de Margerie, died on Wednesday January 10 at the age of 78, the TotalEnergies group said , confirming information from Monde.

A mandate marked by disasters

During his presidency, the group, which was still called Total, became one of the world’s leading oil companies, but his mandate remains marked by disasters such as the sinking of the Erika in 1999 and the oil spill that followed. as the explosion of the AZF factory in Toulouse.

Thierry Desmarest had been suffering from Alzheimer’s disease for around ten years, according to The world. In February 2018, he withdrew from the board of directors of the car manufacturer Renault, where he had served since April 2008, “exclusively with regard to personal and age considerations”. “At the age of 72, it is normal that I leave the board of directors of the Renault group”he declared.

Total rises among the oil majors

Despite these successes in raising Total among the five oil majors, Thierry Desmarest saw his image tarnished by his management of the sinking of the Erika off the coast of Brittany, and the oil spill which followed in December 1999, but also by the explosion of the AZF chemical factory on September 21, 2001 in Toulouse. He was particularly criticized for his technocratic cold reaction to emotion. The explosion killed 30 people and destroyed or damaged nearly 30,000 buildings.

Born on December 18, 1945 in Paris, Thierry Desmarest was the son of a magistrate at the Court of Auditors. He began his career in 1971 at the directorate of mines in New Caledonia, before joining the cabinets of Michel d’Ornano and then René Monory in 1975 at the ministries of industry and the economy.

Joined Total in 1981

He joined Total in 1981, as Deputy Director of Total Algeria, then rose through the ranks of the very powerful and profitable Exploration-Production division: Director Latin America and West Africa in 1983, Director Americas, France, Far East in 1988 , then general manager in 1989.

Since 2010, he has been honorary president of Total, which became TotalEnergies in 2021, after handing over the presidency to Christophe de Margerie who had already inherited general management in 2007. An opera and ski lover, Thierry Desmarest was the father of three children.

#Death #Thierry #Desmarest #boss #Total #group

You may also like

Leave a Comment