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Total CEO To Remain At Post

Law360 (March 26, 2007, 12:00 AM EDT) -- Christophe de Margerie will reportedly stay on as chief executive officer of Total SA despite an ongoing French judicial inquiry into the company’s activities at the South Pars gas field in Iran.

“There is no question about Mr. de Margerie resigning and there is nothing hindering him to fulfill to its full extent his role as CEO of Total,” said company spokesman Paul Floren.

De Margerie has been at Total for more than 30 years, but has only been CEO of the company since Feb. 13....
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