Francis Mer

Francis Mer (born 25 May 1939, in Pau) is a French businessman, industrialist and politician. A former alumnus of the École Polytechnique, and of the École des Mines de Paris, he is a member of the Corps des mines. He was hired in 1970 by the Saint-Gobain group. In 1982, he became chairman of the board of Pont-à-Mousson SA. In the 1980s, he joined the Saint-Simon Foundation think-tank.

Francis Mer
in October, 2009
French Minister of the Economy
In office
2002–2004
PresidentJacques Chirac
Prime MinisterJean-Pierre Raffarin
Preceded byLaurent Fabius
Succeeded byNicolas Sarkozy
Personal details
Born (1939-05-25) 25 May 1939
Pau, France
NationalityFrench
Alma materÉcole Polytechnique, Mines ParisTech

Following the 1986 legislative elections and the nomination of the conservative Jacques Chirac as Prime Minister, he was nominated as president of the new Usinor group. He was reelected to his position in 1995, upon the group's privatization, and renamed the group Arcelor in 2002. From 2002 to 2004, he was Minister of Finances in Jean-Pierre Raffarin's conservative government.

Since 2005, he sits on the board of directors of Vale Inco, which benefited from an important tax rebate to exploit a nickel mine in New Caledonia while he was finance minister.[1][2]

In June 2009, he became chairman of the board of Safran.

In April 2011, due to the change of structure of Safran, Jean-Paul Herteman became CEO and Francis Mer became Vice Chairman.[3][4]

Notes
  1. Notice of Annual Meeting of Shareholders
  2. http://www.senat.fr/rap/r05-007/r05-007_mono.html
  3. Safran-group.com, avril 2011, Le Conseil d’administration de la société est composé de 15 membres parmi lesquels quatre représentants de l’État* et deux représentants des salariés actionnaires
  4. Les Echos.fr, 21/4/2011, Francis Mer et le "sexe dit faible", Francis Mer, dont les actionnaires ont voté le renouvellement de mandat d'administrateur pour deux ans, devrait être nommé vice-président du groupe en vertu de la nouvelle gouvernance qu'un conseil d'administration doit avaliser dans l'après-midi
Political offices
Preceded by
Laurent Fabius		 Minister of the Economy, Finance and Industry
2002–2004		 Succeeded by
Nicolas Sarkozy


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