In December 2010, the Board of Directors appoints CEO Antoine Frérot as Chairman & Chief Executive Officer.
In March 2011, Veolia Environnement and La Caisse des Dépôts announce the creation of Veolia Transdev, following the merger of Veolia Environnement subsidiaries Veolia Transport and Transdev.
In December 2011, Veolia Environnement presents its strategic plan and medium-term outlook. Both recommend that Veolia refocus its activities and business lines; the company announces it will gradually divest its transportation business.
On March 16, 2012, Antoine Frérot, Chairman & CEO of Veolia Environnement, announces a series of decisions approved by the Board of Directors. These measures, which take effect immediately, aim to expedite implementation of the strategic plan. The “New Veolia” is on its way to becoming a reality, with a new geographical focus, a revamped organizational structure and greater financial flexibility.
In July 2013, Veolia simplifies its hierarchical structure, moving from a group divided along business lines to a truly integrated company. Its business activities are now organized by country, with the same organizational model throughout the world. Countries are grouped into geographic zones and a dedicated entity is created for the global enterprises that operate worldwide in largely global markets.
A new management team is named and two cross-functional departments are created: the Technical and Performance Department and the Innovation and Markets Department, which promote sharing and replication of best practices.
Veolia reshapes its operations and focuses its efforts on growth regions. In March, the company announces that it has finalized an agreement with EDF on their jointly owned business, Dalkia. As a result, EDF takes over Dalkia’s business activities in France and Veolia takes charge of all international activities.
At the same time, the company acquires a 100% stake in the Latin American activities of Proactiva, its joint subsidiary with FCC.
The company is fully transformed to embrace new growth opportunities and is now ready, in the words of its new slogan, to pursue its goal of “Resourcing the world.”