Management Turnover as Change Agent

Thursday, April 17, 2008

CEO Watch - Daniel Bouton- Société Générale, Update 3

It's official, with a fair amount of water under the bridge, Société Générale, the French bank that made headlines after a $7 billion trading scandal, announced Daniel Boutin would step aside as the bank's CEO.  Boutin will remain non-executive Chairman.  He will be replaced by Frédéric Oudéa, the chief financial officer.  

Rumors continue that more changes are to come.

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