Citing illness, CEO of France's Areva steps down
By Associated Press
Oct 20, 2014 10:24 AM CDT
FILE - In this Feb. 28, 2013 fie photo, Areva CEO Luc Oursel speaks to the media as he presents the company's full year results in Paris. Areva on Monday, Oct. 20, 2014 said Oursel is stepping down, saying an unspecified illness has left him unable to do the work. (AP Photo/Michel Euler, File)   (Associated Press)

PARIS (AP) — The CEO of French nuclear manufacturer Areva is stepping down, saying an unspecified illness has left him unable to do the work.

Monday's statement from Areva says Luc Oursel recently notified the French government of his decision to take a leave of absence "in order to pursue treatment."

State-controlled Areva is struggling through a turnaround, complicated by France's recently announced plans to move away from nuclear energy in the aftermath of the earthquake and tsunami at the Fukushima power plant in 2011.

Under Oursel, Areva has expanded investment in renewable energy, but the sector still makes up a small part of Areva's business.