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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Crédit Agricole    ACA   FR0000045072

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CREDIT AGRICOLE : SA : Xavier Musca joins the Crédit Agricole SA Management team

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06/13/2012 | 11:50am CEST
 
 

Press release

Xavier Musca joins the Crédit Agricole SA management team

Paris, 13th June 2012 - On the proposal of Jean-Paul Chifflet, Chief Executive Officer of Crédit Agricole SA, Chairman Jean-Marie Sander will submit to the Board of Directors at its meeting of 17 July the appointment of Xavier Musca as Executive Vice President of Crédit Agricole SA.

Xavier Musca will be responsible for the International Retail Banking, Asset Management and Insurance business lines.

Born in 1960 in Bastia, Xavier Musca studied at the Institut d'Etudes Politiques in Paris and the Ecole Nationale d'Administration (Léonard de Vinci class). He began his career at the Inspection Générale des Finances and the French Treasury. From 2002 to 2004, he was Principal Private Secretary to Francis Mer, Minister of the Economy and Finance. In June 2005, Xavier Musca was appointed Director General of the Treasury and Economic Policy. He became Deputy Secretary General of the French President's Office in February 2009 and Secretary General in February 2011.

Xavier Musca's appointment will be made definitive after consultation with the compliance committee.

13.06.12 UK CASA Nomination X. Musca:
http://hugin.info/143652/R/1619361/517220.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: CREDIT AGRICOLE SA via Thomson Reuters ONE

HUG#1619361
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Financials (€)
Sales 2016 17 070 M
EBIT 2016 5 244 M
Net income 2016 2 977 M
Debt 2016 -
Yield 2016 7,09%
P/E ratio 2016 7,26
P/E ratio 2017 7,34
Capi. / Sales 2016 1,30x
Capi. / Sales 2017 1,23x
Capitalization 22 193 M
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Consensus
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Mean consensus HOLD
Number of Analysts 22
Average target price 10,4 €
Spread / Average Target 32%
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Managers
NameTitle
Philippe Brassac Deputy Chairman & Chief Executive Officer
Dominique Lefèbvre Chairman
Jérôme Grivet Chief Financial Officer & Deputy Managing Director
Jean-Paul Mazoyer Head-Group Information Technology
Laurence Dors-Meary Independent Director
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