GTC Biotherapeutics (fka GTCB)

[DewDiligence]

BoD update: Christian Béchon, CEO of LFB Biotech, was appointed to GTC’s BoD effective with completion of the second tranche of the share-purchase agreement between GTC and LFB last week. At age 46, Mr. Béchon is GTC’s youngest director. He is not a member of any GTC board committees.

Here is his résumé as it appears on LFB’s website:

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Christian Béchon, age 46, a graduate of the Ecole Centrale des Arts et Manufactures engineering school, Institut d'Etudes Politiques de Paris, became a public auditor on leaving the Ecole Nationale d'Administration in 1988. He was deputy general secretary of the public auditing body for French social security from 1988 to 1992, then general secretary of IPSN, the French nuclear protection and safety institute from 1992 to 1994. From April 1994 to May 1995, he was deputy chief of staff to André Rossinot, then minister for public service under prime minister Edouard Balladur. After a short spell as general secretary of CNES, the national space research centre (May-June 1995), he was chief of staff to Elisabeth Hubert, minister for public health and health insurance under prime minister Alain Juppé from June to November 1995. He was then an investigator on the central investigative committee on the cost and yield of public services (1996) before returning to public auditing in April 1997. At the same time, he was general delegate to the industrial forum Cercle de l'Industrie from 2000 to 2002. He was then deputy chief of staff to Francis Mer at the Ministry of the Economy, Finance and Industry under prime minister Jean-Pierre Raffarin from 2002 to 2004, as well as chief of staff to industry minister Nicole Fontaine. He returned to public auditing from March 2004 to October 2005, when he became chairman of CHB Consultants. He was general secretary of CSIS, the health industry strategic council, from September 2004 to September 2005.
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