The Executive Committee and the Management Committee
TotalFinaElf's three business sectors are organized into profit centers: Upstream, Downstream and Chemicals. Upstream includes oil and gas exploration and production, and gas, power and other energy sources. Downstream covers refining and marketing, along with trading and shipping. The Chemicals sector, built around Atofina, comprises three main subsectors: Petrochemicals and Plastics, Intermediates and Performance Polymers, and Specialty Chemicals. The profit centers are supported by the parent company's functional divisions: Finance, Legal Affairs, Strategy and Risk Assessment, Human Resources and Corporate Communications.
TotalFinaElf is managed by the Executive Committee (COMEX) and the Management Committee (CODIR). The Executive Committee is TotalFinaElf's primary decision-making body in matters of overall strategy and has investment authority. It is also responsible for preparing the decisions that are the responsibility of TotalFinaElf's Board of Directors.
The Executive Committee
Thierry Desmarest, Chairman and Chief Executive Officer
François Cornélis, Vice-Chairman, President of Chemicals
Bernard de Combret, Vice-Chairman, President of Trading, Gas and Power
Jean-Luc Vermeulen, President of Exploration and Production
Christophe de Margerie, Senior Executive Vice-President of Exploration and Production
Jean-Paul Vettier, President of Refining and Mar
Robert Castaigne, Chief Financial Officer
Bruno Weymuller, President of Strategy and Risk Assessment
François Périer *, Senior Executive Vice-President of Chemicals
* Up To March 9, 2001.
The Management Committee
The Management Committee facilitates coordination among the various Group units, monitors the results of the operational divisions and reviews the reports of the functional divisions. The committee includes all Executive Committee members and 17 senior managers from the various functional and operational divisions.
Holding Company:
Michel Bonnet, Jean-Jacques Guilbaud, Ian Howat, Alain Madec, Bernard Tramier
Exploration & Production:
Michel Bénézit, Yves-Louis Darricarrère, Patrick Rambaud
Refining & Marketing:
Wayne Brenckle, Alain Champeaux, Jean-Claude Company, Yves Edern, André Tricoire
Chemicals:
Axel de Broqueville, Jean-Bernard Lartigue, Jean-Pierre Seeuws, Hugues Woestelandt
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The Executive Committee
Left to right, back row:
Christophe de Margerie,
Jean-Luc Vermeulen,
Jean-Paul Vettier,
Robert Castaigne
Left to right, front row:
Bruno Weymuller,
François Cornélis,
Thierry Desmarest,
Bernard de Combret
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