Desmarest Hands Total Reins to de Margerie

摘要

Total Chairman Thierry Desmarest is to step down next year, opening the way for Chief Executive Christophe de Margerie to take over as chairman and CEO of one of the world's biggest listed oil companies. Desmarest, who ceded the role of chief executive to de Margerie two years ago, said he did not want to continue as chairman of the French oil and gas giant beyond his 65th birthday in 2010 to allow new blood to enter the executive team.