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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Société Générale    GLE   FR0000130809

SOCIÉTÉ GÉNÉRALE (GLE)
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Societe Generale : Deputy Chief Executive Resigns

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03/14/2018 | 07:44pm CEST

By Nathan Allen

Societe Generale SA (GLE.FR) said Wednesday that Deputy Chief Executive Didier Valet has resigned in order to "preserve the bank's general interest."

Mr. Valet's resignation is related to "a divergence of approaches regarding the management of a specific legal matter, which predates his appointment as deputy CEO," the bank said in a statement.

Societe Generale said it would announce his replacement shortly; in the meantime, his duties will be taken over by group Chief Executive Frederic Oudea.

Mr. Valet joined Societe Generale in 2000 and was named deputy chief executive in January 2017.

Write to Nathan Allen at nathan.allen@dowjones.com

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Financials (€)
Sales 2018 25 019 M
EBIT 2018 7 156 M
Net income 2018 3 826 M
Debt 2018 -
Yield 2018 5,96%
P/E ratio 2018 8,24
P/E ratio 2019 7,61
Capi. / Sales 2018 1,22x
Capi. / Sales 2019 1,19x
Capitalization 30 580 M
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Technical analysis trends SOCIÉTÉ GÉNÉRALE
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 23
Average target price 45,7 €
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Frédéric Oudéa Chief Executive Officer & Director
Lorenzo Bini Smaghi Chairman
Philippe Amestoy Head-Operations & Transformation
William Kadouch-Chassaing Group Chief Financial Officer
Carlos Goncalves Head-Global Technology Services
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