2019 Annual financial report

Chapter 3. Governance and Compensation

Table 2 (AMF nomenclature) summary table of the compensation for each executive corporate officer (in euros)

In general, the compensation paid corresponds to the fixed compensation for the specified year and the variable portion corresponds to that of the previous year. No exceptional compensation was paid to the corporate officers.


2019 – Amounts:
2018 – Amounts:

due
paid
Due
Paid

Management Board

2019 – Amounts:

 

2018 – Amounts:

 

 

 


Arthur Sadoun, Chair of the Management Board(3)

2019 – Amounts:

 

2018 – Amounts:

 

 

 


Fixed compensation

2019 – Amounts:

1,000,000

2018 – Amounts:

1,000,000

1,000,000

1,000,000


Variable compensation

2019 – Amounts:

1,400,000

2018 – Amounts:

1,400,000

1,400,000

729,499


Benefits in kind(1)

2019 – Amounts:

-

2018 – Amounts:

-

-

-


Total

2019 – Amounts:

2,400,000

2018 – Amounts:

2,400,000

2,400,000

1,729,499


Jean-Michel Etienne, Executive Vice President – Groupe Finance

2019 – Amounts:

 

2018 – Amounts:

 

 

 


Fixed compensation

2019 – Amounts:

840,000

2018 – Amounts:

840,000

840,000

840,000


Variable compensation

2019 – Amounts:

672,000

2018 – Amounts:

672,000

672,000

672,000


Benefits in kind(1)

2019 – Amounts:

-

2018 – Amounts:

-

-

-


Total

2019 – Amounts:

1,512,000

2018 – Amounts:

1,512,000

1,512,000

1,512,000


Anne-Gabrielle Heilbronner, Secretary General

2019 – Amounts:

 

2018 – Amounts:

 

 

 


Fixed compensation

2019 – Amounts:

600,000

2018 – Amounts:

600,000

600,000

600,000


Variable compensation

2019 – Amounts:

480,000

2018 – Amounts:

480,000

480,000

480,000


Benefits in kind(1)

2019 – Amounts:

-

2018 – Amounts:

-

-

-


Job-loss insurance(4)

2019 – Amounts:

12,357

2018 – Amounts:

12,357

12,357

12,357


Total

2019 – Amounts:

1,092,357

2018 – Amounts:

1,092,357

1,092,357

1,092,357


Steve King, member of the Management Board(2)

2019 – Amounts:

 

2018 – Amounts:

 

 

 


Fixed compensation(5)

2019 – Amounts:

1,026,324

2018 – Amounts:

1,026,324

1,017,295

1,096,418


Variable compensation(5)

2019 – Amounts:

1,149,483

2018 – Amounts:

1,477,907

1,464,905

854,528


Supplementary pension plan

2019 – Amounts:

54,112

2018 – Amounts:

54,112

57,807

57,807


Benefits in kind(1)

2019 – Amounts:

-

2018 – Amounts:

-

-

-


Total(2)

2019 – Amounts:

2,229,919

2018 – Amounts:

2,558,343

2,540,007

2,008,753

(1) Benefits in kind relating to the use of a company-provided vehicle are not mentioned if they are for an immaterial amount.
(2) Compensation determined and paid in pounds sterling. The translation into euros was carried out at the average rate of 1 pound sterling = euro 1.1303 in 2018 and at the average rate of 1 pound sterling = euro 1.14036 in 2019.
(3) This amount does not include the compensation paid in 2018 to Arthur Sadoun for his salaried duties at Publicis Conseil for the period from January 1 to May 31, 2017 (i.e. euro 1,070,500).
(4) As the French unemployment office (Pôle Emploi) does not cover it, Publicis Groupe took out insurance for its corporate officers.
(5) The variable compensation paid in 2018 to Steve King does not include compensation owing for his salaried duties at ZenithOptimedia for the period from January 1 to May 31, 2017 (i.e. euro 670,743). The fixed compensation paid in 2018 includes an adjustment of GBP 80,000 (or euro 90,426) for 2017.