French state opposed to renewing Kocher's mandate as Engie CEO - report

PARIS (Reuters) - Engie chief executive Isabelle Kocher will not get state backing to serve another term after her tenure at the French gas and power group ends in May, Les Echos reported on Monday.Kocher, who has been in the job since 2016, has come under pressure amid reports of a strategy split within the group and disagreements between board members on whether to pursue a sell-off of some gas assets. The French state, which holds a 24% stake in the company, is not in favour of renewing her..