Afin de réaliser des statistiques de visites et d'améliorer l'expérience utilisateur sur notre site, nous mesurons son audience grâce à une solution utilisant la technologie des cookies.

En naviguant sur ce site, vous acceptez l'utilisation des cookies de mesure d'audience. Pour en savoir plus et paramétrer les cookies

We use cookie technology to measure our online audience in order to compile statistics on website visits and improve the browsing experience for our website's users. 
By using our website, you consent to the use of cookies for audience measurements. Click here for more information on cookies and how to set your preferences

Appointments, Remuneration and Governance Committee

Members at 31 December 2016:

  • François David (Chairman)
  • Georges Chodron de Courcel
  • Pierre Lescure
  • Soumia Malinbaum
  • Hélène Molinari

At 31 December 2016, all of the Appointments, Remuneration and Governance Committee's members were independent.

Main tasks

  • Regarding Board and Committee membership:
    - defining the selection criteria of future members;
    - selecting and nominating Supervisory Board and Committee members for proposal to the Supervisory Board.
  • Regarding remuneration:
    - monitoring, where relevant, any components of remuneration that are not paid under the agreement with Lagardère Capital & Management (which, being a related-party agreement is monitored by the Audit Committee) and may be allocated to Lagardère SCA's corporate officers from Group companies. Under current laws, this concerns share options and performance shares and the proportion they represent of the executive corporate officers' total remuneration;
    - proposing the overall amount of attendance fees to be paid to members of the Supervisory Board and Committees as submitted to the General Meeting, and the rules for determining and distributing the attendance fees, in particular based on members' attendance at meetings.
  • Regarding governance:
    -  regularly reviewing the independence of Supervisory Board members in light of the independence criteria defined by the Supervisory Board;
    - managing the annual assessment of the operations of the Board and its Committees;
    - carrying out advance assessments of potential risks of conflicts of interest between Supervisory Board members and the Lagardère group;
  • Regarding sustainable development (CSR):
    - examining the main social, societal and environmental risks and opportunities for the Group as well as the CSR policy in place;
    -- reviewing the reporting, assessment and monitoring systems allowing the Group to prepare reliable non-financial information;
    - examining the Group's main lines of communication to shareholders and other stakeholders regarding CSR issues;
    - examining and monitoring the Group's rankings attributed by ESG rating agencies.

The members of the Committee interview the Chairman of the Supervisory Board, the executive corporate officers or any other person they may choose when necessary.
The Chairman of the Committee reports to the members of the Board on the work conducted by the Committee.

Main activities in 2016

In 2016, the Committee met five times with an average attendancerate of 92%. All members were present at the meetings in March, September and November, and 80% of members were present at the meetings in January and April.

  • During its meeting in January, the Committee analysed the composition of the Board and its Committees and the independence of its members, prepared the re-appointment of the members whose term of office were set to expire, and reviewed the conditions for awarding performance shares to the executive corporate officers.
  • In March, the Committee took note of the letter of the General Partners regarding the re-appointment of Arjil Commanditée-Arco - represented by Arnaud Lagardère (Chairman and Chief Executive Officer), Pierre Leroy (Deputy Chairman and Chief Operating Officer) and Thierry Funck-Brentano (Chief Operating Officer) - as Managing Partner.
  • During its meeting in April, the Committee launched the self-assessment of the Supervisory Board and its Committees, and in preparation for the General Meeting, examined the comments of the principal proxy advisors and investors with respect to the Supervisory Board.
  • In September, the Corporate Social Responsibility Director gave a progress report on the Group's 2015‑2020 CSR roadmap. The Committee took note of and subsequently discussed the four strategic priorities underpinning the roadmap as well as the draft materiality matrix, which will primarily enable Lagardère to identify which of these priorities will have the greatest impact on the Group's operations. The Committee also approved its schedule and work plan for 2017.
  • Lastly, during its meeting in November, the Group Secretary General presented the remuneration policy for the Managing Partners and its various components and criteria. The Committee reviewed the findings of the self-assessment of the membership and operation of the Board and its Committees and approved the proposed amendments to the Supervisory Board's internal rules.

These meetings took place in the presence of the Group Secretary General and, when discussions fell within her area of expertise, the Corporate Social Responsibility Director.

Diary

French Tennis Championships

Sunday, May 28, 2017 to Sunday, June 11, 2017

2017 First-Half Results

July 27, 2017

Arnaud Lagardère Editorial

"2016 has been a pivotal year for your Group, above all, because we maintained our growth momentum and posted excellent operating performances. ..."
Learn more

The group's activities

The Lagardère group is a global leader in content publishing, production, broadcasting and distribution, whose powerful brands leverage its virtual and physical networks to attract and enjoy qualified audiences.

The Group’s business model relies on creating a lasting and exclusive relationship between the content it offers and its customers.

It is structured around four business divisions.

Learn More

Financial information

The group's financial results, stock price, latest news, the calendar of upcoming events... Access all financial information related to Lagardère.