Engie Gets New CEO: Catherine MacGregor

Ex Senior Executive At Oil & Gas Firms—TechnipFMC Group & Schlumberger Limited—Catherine MacGregor Appointed Engie CEO
04:35 PM (Beijing Time) - 05. October 2020
Presentation1

With an eye to accelerating its energy transition to becoming a carbon neutral entity, Engie interestingly has brought on board Catherine MacGregor (in the picture) as the group CEO who comes with a rich experience of working in the oil and gas industries. (Photo Credit: Engie)

Key Takeaways

  • Catherine MacGregor has been announced as the new CEO of Engie Group
  • She joins the company from TechnipFMC Group and before that Schlumberger Limited
  • MacGregor will fill in the position left vacant by the unscheduled departure of previous Engie CEO Isabelle Kocher

French energy company has announced the appointment of Catherine MacGregor as the group’s CEO, a post vacant since February 2020 when previous incumbent Isabelle Kocher’s term was ended before the scheduled date in May 2020.

MacGregor will join the company with effect from January 1, 2021.

On her appointment, Engie management said MacGregor’s vision on the group’s transformation and development, her industrial and international track record as well as her leadership and managerial skills will fully contribute to the achievement of the strategic orientations of the company. Interestingly, Engie chose for the new CEO job an executive with a strong background in fossil fuels in times of the energy transition.

MacGregor joins Engie from global oil and gas company TechnipFMC Group where she was in the executive committee since 2019 leading Technip Energies, the onshore and offshore engineering and construction activity business of the group.

Before that MacGregor worked with US based oilfield services company Schlumberger Limited where in her last position she was the president of the drilling business based out of London.

“On behalf of the Board and employees of the Group, I am pleased to welcome Catherine MacGregor and wish her full success in her missions. Her professional and personal skills will be essential assets in accelerating ENGIE’s transformation,” said Chairman of the Board of Directors, Jean-Pierre Clamadieu. “I look forward to working with her in the months and years to come to deliver the Group’s strategic orientations. I wish to thank Paulo Almirante, Judith Hartmann and Claire Waysand who will continue to serve as the interim management team until January 1st.”

Aiming to become a carbon neutral entity and simplify its business, Engie increased its renewable deployment target from 3 GW annually to 4 GW annually on an average over the medium term, while increasing the number of renewables projects retained on its balance sheet. It would also accelerate its growth in decentralized infrastructure assets including onsite power generation, among other measures.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani