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BRIEF-Gecina announces conditions relating to end of Philippe Depoux's term of office as CEO
January 11, 2017 / 6:21 PM / 8 months ago

BRIEF-Gecina announces conditions relating to end of Philippe Depoux's term of office as CEO

Jan 11 (Reuters) - Gecina SA :

* At Board meeting on January 6, 2017, co’s directors decided to end Mr Philippe Depoux’s term of office as Chief Executive Officer

* Payment of severance benefits to Mr Philippe Depoux, capped at two years of his gross total compensation (fixed and variable) for 2016, i.e. 1,648,000 euros ($1.75 million) gross Source text for Eikon: Further company coverage: ($1 = 0.9429 euros) (Gdynia Newsroom)

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