GTT Group has announced the appointment of François Michel as CEO effective January 5, 2026. This unanimous decision by the Board of Directors on December 13 marks a return to a separate governance structure for the cryogenic containment system specialist.
According to the press release, the company's Board of Directors selected François Michel after a rigorous selection process. Catherine Ronge, Chair of the Nomination and Compensation Committee, stated that this choice reflects the intent to equip GTT with a leader capable of mobilizing teams in face of upcoming technological challenges. She mentioned that she would support the new CEO as he takes on his role, continuing the trajectory built around innovation and excellence. This separation of powers comes as the group navigates through a significant transformation in the energy sector.
François Michel's Professional Background
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
46-year-old François Michel is a graduate of the École Polytechnique and an engineer from the Mines. His career began in the Marine and Power sectors of Alstom Group, before moving to the Ministry of Economy and Finance and then to the International Monetary Fund in Washington. In 2009, he joined the office of the President of France as a technical advisor in charge of public finances. He later joined Saint-Gobain Group in 2012, where he served as Director of Strategy and Planning, and subsequently led several global subsidiaries. Since 2022, he has been the Deputy Administrator and CEO of John Cockerill, a technology group active in energy, defense, green hydrogen, metallurgy, and industrial services.
Mission and Future Directions under New Leadership
According to the group, François Michel's mission will be to continue implementing GTT's strategy by enhancing technological innovation and operational excellence, while supporting the diversification effort and the group's development. The new CEO expressed a full understanding of the responsibility entrusted to him in a context of profound changes in the energy sector. Under his leadership at John Cockerill, the group accelerated its international and technological growth, securing several strategic partnerships, as indicated in the press release. GTT, specializing in membrane cryogenic containment systems for the transport and storage of liquefied gases, is also developing solutions to assist shipowners and energy providers towards a decarbonized future.
GTT confirme ses objectifs pour l'exercice 2026 ; le Groupe dispose d'une très forte visibilité sur son chiffre d'affaires
Risks mentioned
Risque de retards dans les plannings de construction des navires, condition de la tenue des objectifs 2026
Perturbations géopolitiques citées comme facteur de contexte du marché des méthaniers
Chiffre d'affaires et EBITDA stables, sans croissance par rapport au 1er semestre 2025
Opportunities identified
Carnet de commandes à 1,9 milliard d'euros offrant une forte visibilité pour les années à venir
37 Mtpa de nouvelles décisions d'investissement en unités de liquéfaction de gaz naturel
Premières commandes de méthaniers à trois cuves et des plus grands réservoirs terrestres GST®
Outlook / guidance
Expected revenue: 760 millions d'euros
Expected EBITDA: 510 millions d'euros
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
