Taking into account all its subsidiaries and affiliates, Total is the fourth largest publicly-traded integrated international oil and gas company in the world* with operations covering the entire oil and gas chain, in more than 130 countries.
Three Major Business Segments Total’s worlwide operations are conducted through three business segments: Upstream, Downstream and Chemicals. - Upstream includes oil and gas exploration and production, Gas & Power and other energy sources. - Downstream covers refining and marketing, along with trading and shipping. - Chemicals comprises various activities, including Base Chemicals (Petrochemicals, and Fertilizers) and Specialties for industry and the consumer market. The operating segments of the Group are assisted by centralized corporate functions: Finance, Legal, Ethics, Insurance, Strategy and Risk Assessment, Human Resources and Corporate Communications.
The Executive Committee and the Management Committee The Executive Committee (COMEX) is the primary decision-making body of the Group. It implements the strategy formulated by the Board of Directors and authorizes related investments.
The Management Committee (CODIR) of the Group facilitates coordination among the divisions and monitors the operating results and activity reports of these Divisions.
The Executive Committee **
Christophe de Margerie, Chairman (Chief Executive Officer of Total)
François Cornélis, Vice-Chairman (President of Chemicals)
Michel Bénézit, President of Refining & Marketing
Robert Castaigne, Chief Financial Officer
Yves-Louis Darricarrère, President of Exploration & Production
Jean-Jacques Guilbaud, President of Human Resources and Corporate Communications
Bruno Weymuller, President of Strategy & Risk Assessment
The Management Committee ** The committee includes, in addition to the members of the COMEX, Executive Officers from the different functional and operational Divisions. Holding - Jean-Pierre Cordier, Yves-Marie Dalibard, Jean-Michel Gires, Peter Herbel, Jean-Marc Jaubert, Patrick de la Chevardière, Jean-Jacques Mosconi, Jean-François Minster. Upstream - Philippe Boisseau, Jean-Marie Masset, Charles Mattenet, Patrick Pouyanné, Jean Privey. Downstream - Pierre Barbé, Alain Champeaux, Alain Grémillet, Eric de Menten, André Tricoire. Chemicals - Pierre-Christian Clout, Françoise Leroy.
Since March 1, 2008, Total's senior management organization has been revamped. A Corporate Affairs Division has been created, with several related functions reporting to it.
* Based on market capitalization (in dollars) as of December 31, 2007. ** COMEX and CODIR composition at December 31, 2007 |