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Emmanuel Jean-Michel Frédéric Macron 02

After graduating from ENA in 2004, Emmanuel Macron became an Inspector of Finances, a branch of the French Finance Ministry. In this role, he mentored by Jean-Pierre Jouyet and also lectured at a special cram school. In 2006, he was offered a job at Mouvement des Entreprises de France but declined. In 2008, he left his government job and became an investment banker at Rothschild & Cie Banque. There, he advised on several large acquisition deals and became a partner and multimillionaire due to his work on the $9 billion Nestlé acquisition of a Pfizer subsidiary. He left Rothschild in 2012.

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0% found this document useful (0 votes)
113 views1 page

Emmanuel Jean-Michel Frédéric Macron 02

After graduating from ENA in 2004, Emmanuel Macron became an Inspector of Finances, a branch of the French Finance Ministry. In this role, he mentored by Jean-Pierre Jouyet and also lectured at a special cram school. In 2006, he was offered a job at Mouvement des Entreprises de France but declined. In 2008, he left his government job and became an investment banker at Rothschild & Cie Banque. There, he advised on several large acquisition deals and became a partner and multimillionaire due to his work on the $9 billion Nestlé acquisition of a Pfizer subsidiary. He left Rothschild in 2012.

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Professional career

Inspector of Finances
After graduating from ENA in 2004, Macron became an Inspector in the Inspection générale des
finances (IGF), a branch of the Finance Ministry.[21] Macron was mentored by Jean-Pierre Jouyet, the
then-head of the IGF.[27] During his time as an Inspector of Finances, Macron gave lectures during
the summer at the "prep'ENA" (a special cram school for the ENA entrance examination) at IPESUP
(fr), an elite private school specializing in preparation for the entrance examinations of the Grandes
écoles, such as HEC or Sciences Po.[28][29][30]
In 2006, Laurence Parisot offered him the job of managing director for Mouvement des Entreprises
de France, the largest employer federation in France, but he declined.[31]
In August 2007, Macron was appointed deputy rapporteur for Jacques Attali's "Commission to
Unleash French Growth".[13] In 2008, Macron paid €50,000 to buy himself out of his government
contract.[32] He then became an investment banker in a highly-paid position at Rothschild & Cie
Banque.[33][34] In March 2010, he was appointed to the Attali Commission as a member. [35]

Investment banker
In September 2008, Macron left his job as an Inspector of Finances and took a position at Rothschild
& Cie Banque.[36] Macron was inspired to leave the government due to the election of Nicolas
Sarkozy to the presidency. He was originally offered the job by François Henrot. His first
responsibility at Rothschild & Cie Banque was assisting with the acquisition of Cofidis by Crédit
Mutuel Nord Europe.[37]
Macron formed a relationship with Alain Minc, a businessman on the supervisory board of Le
Monde.[38] In 2010, Macron was promoted to partner with the bank after working on the
recapitalization of Le Monde and the acquisition by Atos of Siemens IT Solutions and Services.[39] In
the same year, Macron was appointed as managing director and put in charge of Nestlé's acquisition
of one of Pfizer's largest subsidiaries based around baby drinks. His share of the fees on this €9
billion deal made Macron a millionaire. [40]
In February 2012, he advised businessman Philippe Tillous-Borde, the CEO of the Avril Group.[41]
Macron reported that he had earned €2 million between December 2010 and May 2012. [42] Official
documents show that between 2009 and 2013, Macron had earned almost €3 million. [43] He left
Rothschild & Cie in 2012.[44]

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