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

CRÉDIT AGRICOLE (ACA)
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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 2018 19 710 M
EBIT 2018 6 895 M
Net income 2018 3 928 M
Debt 2018 -
Yield 2018 5,78%
P/E ratio 2018 8,84
P/E ratio 2019 8,03
Capi. / Sales 2018 1,68x
Capi. / Sales 2019 1,61x
Capitalization 33 190 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 15,7 €
Spread / Average Target 35%
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Managers
NameTitle
Philippe Brassac Chief Executive Officer
Dominique Lefèbvre Chairman
Pascal Célérier Deputy MD, Head-Operations & Transformation
Jérôme Grivet Chief Financial Officer & Deputy Managing Director
Eric Baudson Head-Group Information Systems
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