By Christian Moess Laursen

Vinci has appointed company veteran Pierre Anjolras as chief operating officer, marking the first step in the process to name a successor for chief executive Xavier Huillard, whose term will end next year.

Anjolras joined the French construction and infrastructure company in 1999, it said Monday. He acquired extensive experience in motorway concessions, becoming COO of Cofiroute in 2004 before being named CEO of ASF in 2007. Cofiroute and ASF are Vinci Autoroutes networks.

In 2021, he was appointed as chairman of Vinci Construction.

The appointment is the first step in the implementation of the succession plan of Huillard, whose term of office will end in 2025 at the end of the annual general meeting.

Write to Christian Moess Laursen at

(END) Dow Jones Newswires

05-06-24 0327ET