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    Jean-Georges Malcor appointed CEO of CGGVeritas

    Company News // July 5, 2010

    As announced at the beginning of the year, the Board of Directors of CGGVeritas, led by Chairman and Chief Executive Officer Robert Brunck, met on June 30th 2010 to confirm their decision to split the functions of Chairman and Chief Executive Officer.

    Tobert Brunck will continue as Chairman of the Board and Jean-Georges Malcor is appointed Chief Executive Officer.

    Commenting on the decision, Robert Brunck said “Jean-Georges and I have worked together since January 2010 on the evolution of our governance, sharing a common vision to build the world’s leading geophysical company with comprehensive and unsurpassed technology and operational excellence. I know that Jean-Georges, with his abilities, his indisputable know-how and his strong managerial and personal skills will successfully carry out the future development of CGGVeritas. As for myself, I will carry on as Chairman of the Board, with a continued focus on governance and the implementation of our profitable growth strategy.”

    Mr Malcor said: “Over the past months I visited our clients and staff around the world and have been impressed with the depth of our technology, the level of commitment of our people, and the long-term relationships we have formed with our clients and partners. I am very honoured to have been selected by the Board of Directors to succeed Robert Brunck as CEO. Looking forward, I will focus my efforts and energy on continuing the development of the company, for the benefit of our clients, our staff and our shareholders.”

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