French state holding firm head says not candidate for Veolia CEO
PARIS Feb 25 (Reuters) - David Azema, the head of French state holding company APE, told Reuters on Tuesday he is not a candidate to become chief executive of water and waste group Veolia.
Earlier on Tuesday, French Industry Minister Arnaud Montebourg said that Azema would have to appear before a government ethics commission, apparently indirectly confirming press reports about Azema's candidacy.
"I have received no firm request from the nominations committee of Veolia to occupy the function of chief executive. I am not a candidate for this position," Azema told Reuters, adding that therefore had not deposited a dossier with the ethics commission.
Earlier this month, a French magazine wrote that the Dassault family, the second-biggest shareholder in Veolia Environnement, was seeking to oust Chief Executive Antoine Frerot to replace him with Azema. (Reporting by Benjamin Mallet, writing by Geert De Clercq; Editing by Andrew Callus)