Total Names Thierry Desmarest Chairman, Patrick Pouyanné CEO - Quick Facts

(RTTNews) - French oil giant Total SA (TTA.L, TTFNF.PK, TOT), which lost its Chairman and chief executive officer Christophe de Margerie in a private plane crash on Monday, appointed Thierry Desmarest as Chairman of the Board of Directors, and Patrick Pouyanné as Chief Executive Officer and President of the Executive Committee.

Desmarest is currently a member of the Board and Honorary Chairman of the Board. His role as Chairman will conclude at the end of 2015 in accordance with the age limits stipulated in the Group's bylaws. The positions of Chairman of the Board of Directors and Chief Executive Officer will then be recombined.

Patrick Pouyanné was until today President of Refining & Chemicals and a member of the Executive Committee. After holding several important executive positions in the Upstream segment in France and internationally over the past fourteen years, he successfully managed the transformation of the Refining & Chemicals segment.