CNR model

Governance, members of the Management Board and the Supervisory Board

CNR is a joint stock company in the public interest administered by a Management Board and a Supervisory Board. Elisabeth Ayrault is the Chairwoman of the Management Board.

Management Board

A collegial management body, it manages the company in conformity with statutory and legal provisions. It decides, implements and manages CNR’s major strategic, commercial and technical operations. The Management Board is composed of three members: 

  • A Chairwoman appointed by ruling of the French President, after being proposed by the  Supervisory Board, to hold office for five years;
  • Two Managing Directors appointed by the Supervisory Board to hold office for five years.

Supervisory Board

A regulative body, it examines the accounts and ensures the efficient management of CNR.

The Supervisory Board is composed of 18 members:

  • 2 government representatives
  • 13 shareholders’ representatives
  • 3 employees’ representatives

In addition to these 18 members, a Government Commissioner who ensures conformity with the mission entrusted to the concession, a Government Comptroller who evaluates the risks and performances of CNR, and the secretary of the Works Committee, all attend the Supervisory Board meetings.

The members of the Management Board


On the same subject

  • CNR’s share capital: a balance between public and private shareholders

    See more
  • Elisabeth Ayrault, Chairwoman of CNR

    See more
  • The CNR model: the general interest and redistribution

    See more

Elisabeth AYRAULT

Chairwoman of the Management Board and Chief Executive Officer

She was appointed by ruling of the French President on 4 July 2013. A chartered architect, graduate of the IAE and holder of an Advanced Studies Degree in urban geography and a Specialised Post Graduate Degree from the Institut Agronomique Méditerranéen, she set up an architecture and town planning practice in Perpignan in 1980. In 1991, she joined Lyonnaise des Eaux-Dumez, with Dumez Immobilier Promotion, before working for ten years for Elyo, a company specialised in energy efficiency. From 2009 to 2013, Elisabeth Ayrault was Vice Managing Director of SITA France (a subsidiary of Suez Environnement).

Didier Lhuillier

Managing Director

He was appointed on 29 September 2016. Graduated as an engineering Mechanical Construction engineer (INSA, Lyon), he held various positions in France and the United Kingdom in the production of electricity from cogeneration, for more than 7 years. From 2008 to 2013, he moved to Italy where he was CEO of COFATHEC Energia, then Director of the Energy Pole for Cofely. From 2013 to 2016, he was Fabricom CEO in Canada.


Managing Director

He was appointed on 3 July 2013. A graduate of the Polytechnic School and Senior Engineer of Mines, he started his career with France Telecom as Mission Leader on board cable laying ships. In 2000, he became an ICT expert working for the services of the Prime Minister, after which he joined the Caisse des Dépôts in 2002, working first with the Territorial Development Division and then with the Finance and Strategy Division.

Organizational chart