(Adds detail, shareholder vote on CEO, background)
PARIS, April 15 Vinci Chief Executive
Xavier Huillard said on Tuesday he would propose naming Vinci
Autoroutes head Pierre Coppey as deputy CEO, a new role where he
would be tasked with driving the group's "highly strategic"
Huillard, whose own mandate was extended for four more years
with 78.8 percent of votes, told Vinci's annual shareholder
meeting he would propose Coppey's appointment to the board of
directors later on Tuesday.
Europe's biggest builder, Vinci has recently been expanding
into higher-growth, higher-margin concessions such as airports
and motorways, and recently agreed to sell the bulk of its
parking lot business to free up cash for
French website Atlantico had reported last Friday that
Huillard would suggest handing Coppey this new role to put him
in a favourable position to succeed him as CEO in 2018.
Coppey, 50, studied political sciences and journalism and
worked in public relations for national mail operator La Poste
before joining Vinci 22 years ago. He took the helm of Vinci's
toll road unit Cofiroute in 2007 and has chaired Vinci
Autoroutes since 2009.
Huillard, 59, is a trained engineer who became Vinci's
deputy chief executive in 2002, its chief executive in 2006 and
its CEO in 2010. He was paid 1.9 million euros last year.
(Reporting by Natalie Huet and Gilles Guillaume; Editing by
James Regan and Andrew Callus)