{"id":284,"date":"2016-09-07T05:59:07","date_gmt":"2016-09-07T05:59:07","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=284"},"modified":"2025-12-31T09:42:43","modified_gmt":"2025-12-31T09:42:43","slug":"succession-at-french-conglomerate","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/","title":{"rendered":"Succession at French conglomerate"},"content":{"rendered":"<div>\n<p align=\"left\">Bouygues SA is a French conglomerate that specialises in construction, real estate development, media, and telecommunications. The company was founded in 1952 by Francis Bouygues and since 1989 has been led by his son Martin Bouygues. In 2015 it had over 120,000 employees in 100 countries, generating \u20ac32.428 billion in revenue.<\/p>\n<p align=\"left\">\u00a0The company has been contemplating a change of guard for some time now. Martin had recently mentioned that he wanted the succession issue to be resolved by 2017. At the company\u2019s shareholder meeting in April, he had even named his son, Edward, and his nephew, Cyril, to the board of directors. Edward and Cyril Bouygues are both in their early 30s.<\/p>\n<p align=\"left\">\u00a0Meanwhile Olivier Bouygues, 65, the brother of Martin Bouygues, has been the deputy CEO of the company since 2002. Now in a recent move the company has elevated Olivier Roussat, 51, head of Bouygues\u2019 telecoms unit, and Philippe Marien, 60, the CFO, as two new additional deputy CEOs. They will serve alongside Olivier.<\/p>\n<p align=\"left\">\u00a0This move is seen by analysts as a clear signal from the family-controlled company towards choosing a successor to Martin Bouygues, the 64-year-old chairman and CEO. Roussat is not only the youngest among the three deputy CEOs, but is also a highly regarded executive in France. As such there are speculations that he is being groomed as the successor.<\/p>\n<p align=\"left\">\u00a0<i>Source: Wall Street Journal, Sept. 1, 2016<\/i><\/p>\n<\/div>\n<p><i>\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bouygues SA is a French conglomerate that specialises in construction, real estate development, media, and telecommunications. The company was founded in 1952 by Francis Bouygues and since 1989 has been led by his son Martin Bouygues. In 2015 it had over 120,000 employees in 100 countries, generating \u20ac32.428 billion in revenue. \u00a0The company has been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Succession at French conglomerate - Thomas Schmidheiny Centre for Family Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Succession at French conglomerate - Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"og:description\" content=\"Bouygues SA is a French conglomerate that specialises in construction, real estate development, media, and telecommunications. The company was founded in 1952 by Francis Bouygues and since 1989 has been led by his son Martin Bouygues. In 2015 it had over 120,000 employees in 100 countries, generating \u20ac32.428 billion in revenue. \u00a0The company has been [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/\" \/>\n<meta property=\"og:site_name\" content=\"Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-07T05:59:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-31T09:42:43+00:00\" \/>\n<meta name=\"author\" content=\"Editorial team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/\",\"name\":\"Succession at French conglomerate - Thomas Schmidheiny Centre for Family Enterprise\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\"},\"datePublished\":\"2016-09-07T05:59:07+00:00\",\"dateModified\":\"2025-12-31T09:42:43+00:00\",\"author\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\"},\"breadcrumb\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Succession at French conglomerate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\",\"name\":\"Thomas Schmidheiny Centre for Family Enterprise\",\"description\":\"Creating value for families and businesses through research and innovation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\",\"name\":\"Editorial team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"caption\":\"Editorial team\"},\"sameAs\":[\"https:\/\/blogs.isb.edu\"],\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/author\/isb_blog_user_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Succession at French conglomerate - Thomas Schmidheiny Centre for Family Enterprise","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/09\/07\/succession-at-french-conglomerate\/","og_locale":"en_US","og_type":"article","og_title":"Succession at French conglomerate - Thomas Schmidheiny Centre for Family Enterprise","og_description":"Bouygues SA is a French conglomerate that specialises in construction, real estate development, media, and telecommunications. 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