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Article: Leadership shuffle for Societe Generale Moves could herald CEO's departure

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International Herald Tribune
Article date:
March 18, 2008
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Nicola Clark The New York Times Media Group
International Herald Tribune
03-18-2008
Leadership shuffle for Societe Generale Moves could herald CEO's departure
Byline: Nicola Clark The New York Times Media Group
Edition: 4
Section: FINANCE/BUSINESS

PARIS --

Societe Generale, the French bank hobbled by a euro 4.9 billion trading loss, announced Monday that it was reorganizing its senior management team, promoting its chief financial officer, Frederic Oudea, to the post of deputy chief executive - a move that some observers said could pave the way for the bank's chairman and chief executive, Daniel Bouton, to step down.

The shuffle - the first management change at the bank since the trading ...

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