Gwendoline Cazenave new CEO of Eurostar Group

Gwendoline Cazenave will be the new CEO of Eurostar Group, the coordinating holding of Eurostar and Thalys. She will get to work as of October 1st. Eurostar Group announced the news on Monday.

Cazenave is an old hand in the railway business. She can rely on twenty years of experience as manager of the French national rail company SNCF. She succeeds Jacques Damas, who was CEO of Eurostar Group since May and is CEO of Eurostar since 2020. Thalys CEO Bertrand Gosselin will resign his position now that both companies are merging.

‘Thalys’ name will disappear

The Eurostar Group holding was founded in May this year and is headquartered in Brussels. SNCF represents 55,75% of the capital, followed by the Caisse de dépôt et placement du Québec (19,31%). Belgian railway company NMBS/SNCB owns 18,5% of the shares.

The group aims at 30 million travelers a year within ten years, 11 million more than both companies jointly transported in 2019, the year before the corona pandemic broke out. The new group works on the largest high-speed train network in Western Europe. The name ‘Thalys’ will disappear in time.

High-speed connections

Eurostar offers high-speed connections between London and the continent, mainly Paris and Brussels. Thalys guarantees connections between Paris and Belgium, the Netherlands, and the north-western part of Germany.


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