Thursday, June 30, 2022
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François Baroin’s jackpot at Barclays

Expected as the messiah by part of the French right in the months leading up to the presidential election, François Baroin, 56, finally gave up trying to fight for the Elysée. The city councilor of Troyes, ex-president of the association of mayors of France (AMF), was too afraid of exposing his three children and his companion, the actress Michèle Laroque, to the gigantic pressure of a presidential campaign.

If the eternal hope of the right has dodged the race for the supreme office, he nevertheless has an agenda filled to the brim with numerous lucrative activities that he combines (legally) with the town hall of Troyes (Aube) and the presidency of the agglomeration Troyes Champagne Métropole. Two mandates remunerated respectively 4,500 euros gross and 2,600 euros net per month. Admittedly, the hyperactive lightened his schedule at the end of 2021, since his mandate as president of the AMF – where David Lisnard succeeded him – ended.

But he took the opportunity to add a new string to his bow. In January 2022, the prestigious British bank Barclays – of which he was previously senior advisor – appointed him president of its French subsidiary. A golden position.

At Barclays, François Baroin has won a very comfortable salary, as indicated by his declaration of interests, recently submitted to the High Authority for the Transparency of Public Life (HATVP). Its amount? 21,900 euros net per month, or just over 260,000 euros per year. The mayor of Troyes also has his own consulting firm, SAS FB Conseil, which enabled him to earn 310,000 euros in 2019. In 2020, he also earned 91,000 euros as an associate lawyer of the STAS firm, which Francis Szpiner, mayor of the 16th arrondissement of Paris.

Finally, he receives attendance fees for his participation in several boards of directors of the Belgian company Sea-Invest. Functions which brought him 30,000 euros in 2020, then 13,500 euros in 2021.

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