Career in the private sector
In 1995, Pepy was appointed deputy chief executive officer of the Sofres group with special responsibility for business development.
Pepy joined SNCF for the first time in 1988 as chief of staff to the then chairman, Jacques Fournier. After a stint in various ministerial private offices (1990–1993), he came back as Head of Investment, Economy and Strategy.
In 1997, he was put in charge of Mainline Services and in 1998, became deputy chief executive officer with responsibility for all passenger activities (TER regional, Transilien Greater Paris suburban services, mainline services, rolling stock and operations). He instituted a new low fares policy designed to boost train occupancy rates using "yield management" flexible pricing techniques. He was also the driving force behind the creation of Voyages-sncf.com, of which he was chairman from 1998 to 2006, and of iDTGV.
In 2003, Louis Gallois appointed him group chief operating officer. Anne-Marie Idrac, chairman in the last 20 months of the term begun by Louis Gallois (July 2006- February 2008), confirmed him in this position.
He was also the prime mover in the launch of the Railteam European high-speed rail operator alliance.
On 11 February 2014, Pepy was among the guests invited to the state dinner hosted by U.S. President Barack Obama in honor of President François Hollande at the White House. [2]
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