By Nathan Allen 
 

Engie SA (ENGI.FR) said Wednesday that shareholders will vote on cutting the group's board down to 14 members from 19 at the forthcoming general meeting.

If the resolution is passed, the utility company said it won't replace several board members who are due to step down following the completion of their current terms.

Engie has a larger board than its peers due to terms associated with the 2008 merger between Gaz de France and SUEZ that created the company in its current form.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

March 13, 2019 03:58 ET (07:58 GMT)

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