Henri Proglio, CEO of Energie de France (EDF) and the man who last week called Germany's energy sector "a disaster," is set to be replaced by Jean-Bernard Lévy, reports Business Insider.
Lévy is currently the CEO of Thales Group, a French multinational company that operates in aerospace, defense, and transportation.
Proglio was nominated as the boss of EDF, the world's biggest nuclear power provider, on November 22, 2009, and his term expires the same day this year. His term will not be renewed and the company's board is expected to officially appoint Lévy on Thursday, according to the French newspaper Le Monde. The decision comes at the end of a long lobbying process from Proglio, who was looking for a second round, Le Monde notes.
The newspaper says that Proglio fell into disagreement with the French government, EDF's biggest stakeholder, despite positive results for his company. EDF is now the UK's largest electric provider, as well as France's.
Proglio was nominated by former French president Nicolas Sarkozy, who was always perceived as a man of the right. But Proglio's support for nuclear energy clashes with the current government's policy, under socialist president François Hollande who would like to reduce France's nuclear power to 50%, down from a current 75%.
Read more of this report from Business Insider.