France's Saint-Gobain will propose renewing Chief Executive Pierre-Andre de Chalendar's term at its annual shareholder meeting next year, it said on Thursday.

"The board of Saint-Gobain...today decided to propose the renewal, for four years, of Pierre-Andre de Chalendar's term," the company said in a statement.

Chalendar has been CEO since 2007 and in 2010 took on the combined role of chairman and CEO. The company said it aimed to renew his term in both roles.