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Vallourec adapts organisation to benefit its transportation plan

Published by
World Pipelines,

Vallourec announces adaptations to its organisation, which is designed to enable the company to benefit fully from its transformation plan.

The new organisation aims to strengthen the group's customer focus in each of its regions, to optimise the use of its global resources, and to boost its development.

It will be structured around the following:

Four regions: North America, South America, Europe/Africa (EA), and the Middle East/Asia (MEA).

  • These four regions, in charge of sales and industrial operations within their geographies, will be headed respectively by Nicolas de Coignac, Alexandre Lyra, Hubert Paris, and Edouard Guinotte.

Two new central departments:

  • The Development and Innovation Department (D&I) will design and implement the development strategy of the product lines. It will also be responsible for innovation and R&D. The department will be led by Didier Hornet, currently Senior Vice President Eastern Hemisphere.
  • The Technology and Industry Department (T&I) will design the group’s industrial strategy, aiming to continue to improve its cost base. It will also be responsible for technology, group sourcing, and global planning. Philippe Carlier, currently Senior Vice President Europe, will lead this department.

The new organisation will take effect on 3 April 2017.

From this date, the Executive Committee will be made up of 11 members: Philippe Crouzet, Chairman of the Management Board, Jean-Pierre Michel, Olivier Mallet, Chief Financial Officer, François Curie, Vice President Corporate Human Resources, and Stéphanie Fougou, Group General Counsel, as well as the four regional directors and two directors of central departments.

Jean-Pierre Michel will retire at the end of 2017, having contributed along the year as part of the Executive Committee to the effective implementation of the new organisation. He will leave the Management Board on 31 March 2017, which will subsequently comprise Philippe Crouzet and Olivier Mallet.

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