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Francis Mer

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French businessman, industrialist and politician (1939–2023)

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Francis Mer
Mer in 2009
Minister of the Economy of France
In office
7 May 2002 – 30 March 2004
PresidentJacques Chirac
Prime MinisterJean-Pierre Raffarin
Preceded byLaurent Fabius
Succeeded byNicolas Sarkozy
Personal details
BornFrancis Paul Mer
(1939-05-25)25 May 1939
Died1 November 2023(2023-11-01) (aged 84)
Alma materÉcole polytechnique
Mines ParisTech

Francis Mer (25 May 1939 – 1 November 2023) was a French businessman, industrialist and politician. An alumnus of theÉcole polytechnique (class of 1959), and of theÉcole des Mines de Paris, he was a member of theCorps des mines. Mer was hired in 1970 by theSaint-Gobain group. In 1982, he became chairman of the board ofPont-à-Mousson SA. In the 1980s, he joined theSaint-Simon Foundation think-tank.

Following the1986 legislative elections and the nomination of the conservativeJacques Chirac asPrime Minister, he was nominated as president of the newUsinor group. He was reelected to his position in 1995, upon the group's privatization, and renamed the groupArcelor in 2002. From 2002 to 2004, he wasMinister of Finances inJean-Pierre Raffarin's conservative government.

From 2005, he sat on the board of directors ofVale Inco, which benefited from an important tax rebate to exploit a nickel mine in New Caledonia while he was finance minister.[1][2]

In June 2009, he became chairman of the board ofSafran.

In April 2011, due to the change of structure ofSafran,Jean-Paul Herteman becameCEO and Francis Mer became Vice Chairman.[3][4]

Francis Mer died on 1 November 2023, at the age of 84.[5]

Notes

[edit]
  1. ^Notice of Annual Meeting of Shareholders
  2. ^"La défiscalisation des usines de traitement du nickel en Nouvelle-Calédonie". 3 April 2023.
  3. ^"Safran-group.com, avril 2011, Le Conseil d'administration de la société est composé de 15 membres parmi lesquels quatre représentants de l'État* et deux représentants des salariés actionnaires". Archived fromthe original on 3 September 2014. Retrieved11 October 2012.
  4. ^Les Echos.fr, 21/4/2011, Francis Mer et le "sexe dit faible", Francis Mer, dont les actionnaires ont voté le renouvellement de mandat d'administrateur pour deux ans, devrait être nommé vice-président du groupe en vertu de la nouvelle gouvernance qu'un conseil d'administration doit avaliser dans l'après-midi
  5. ^Sadler, David (1 November 2023)."Francis Mer, Former Minister Of The Economy Under Jacques Chirac, Is Dead". Globe Echo. Retrieved1 November 2023.
Political offices
Preceded byMinister of the Economy, Finance and Industry
2002–2004
Succeeded by
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