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Shrewd cost-cutter Patrick Pouyanne is Total's new CEO

Published Wed, Oct 22, 2014 · 09:50 PM

Paris

FRENCH oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week.

Mr Pouyanne, 51, head of refining, had been considered a possible candidate to succeed Mr de Margerie in the past and has a reputation as a shrewd cost-cutter.

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