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Ouigo renews its leadership with movements on the council and the departure of its former president

Date: July 23, 2024 Time: 02:54:22

Important departures and new faces on the Board of Directors of Ouigo Spain. The high-speed rail operator notifies the departure of Antoine de Rocquigny, president of the board who led the company’s first steps in Spain until the end of 2021, when he was relieved of his position by the current president Alain Krakovitch within the framework of the remodeling. of the leadership put in place by the subsidiary of the French public railway operator SNCF to promote its expansion phase on Spanish roads.

The French director leaves the board of the entity four months after taking the reins of the real estate division of the French parent company, where he held the position of general secretary of SNCF Voyageurs since 2020. Among the movements that the company directed in Spain by Hé lène Valenzuela notified this Thursday in the Madrid Commercial Registry, also highlighting the departure of Lucile Quessart, HR director of SNCF and presented on the company’s board since Krakovitch’s arrival to the presidency.

Both departures were approved, according to the documentation consulted, on April 4, at the same time as the arrival of Sylvie Humbert, marketing director of the French public entity, who became part of the board of the Spanish subsidiary composed of Caroline Cabrol, Jean Baptiste Guenot, Jérome Laffon, Tanguy Cotte-Martinon and Alain Krakovitch. Sources close to the company explain to this medium that these are natural internal changes due to the new functions assumed by both managers within the SNCF group.

In full expansion of its operations

The ‘advisers’ dance’ comes at a key moment for the ‘low cost’ operator, which is expanding its operations in the heat of the liberalization of the high-speed market, where it competes alongside the Spanish state company Renfe, and its low-cost division Avlo, and the Italian-Spanish Iryo. According to the data provided by the company in a recent balance sheet, Ouigo has accumulated an investment of 700 million euros since it launched its activity last May 2021 with its entry into the route that connects Madrid and Barcelona.

Almost three years later, Ouigo connects with its white trains a network of seven Spanish cities (Madrid, Zaragoza, Tarragona, Barcelona, ​​​​Valencia, Albacete and Alicante), which it hopes to double this year with a growth plan to operate in Valladolid, Segovia, Cuenca, Elche and Murcia in the first semester, and Seville, Málaga and Córdoba in the second semester. These journeys will be carried out aboard the fleet of 16 double-decker Alstom Euroduplex trains that have been put on Spain’s high-speed tracks for the first time.

The SNCF subsidiary defends that its low-cost model is possible thanks to production without extra cost and volume, with the aim of achieving a balanced operating margin this 2024, after chaining two consecutive years of losses, in the absence of knowing the accounts. like the third. The director Héléne Valenzuela herself recognized a few weeks ago that the company is on the “right path” to see the light of profitability this year.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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