Dassault quits Veolia board

|About: Veolia Environnement ADR (VEOEY)|By:, SA News Editor

The Dassault family's holding company has resigned from Veolia Environnement's (VE) board after Chairman and CEO Antoine Frerot survived an attempt to remove him a month ago.

Frerot was instead given a new four year term, pending shareholder authorization.

Groupe Industriel Marcel Dassault owns 6.3% in Veolia.

Thierry Dassault has resigned as an observer on Veolia's supervisory board. (PR)