Philippe Pascal proposed as new head of French airports company ADP

French President Emmanuel Macron is proposing to name Philippe Pascal as the new chairman and CE of French airports company ADP, the presidency said in a statement. If the appointment is confirmed, Pascal - currently ADP deputy CEO in charge of finances, strategy and administration - will replace Augustin de Romanet, who held the position since 2012. The French state owns a 50.6% stake in ADP.<br/>