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 multi-year variable compensation, exceptional compensation or compensation awarded for serving as a director was paid to corporate officers.
2020 – Amounts: | 2019 – Amounts: | |||
|---|---|---|---|---|
Awarded | Paid | Awarded | Paid | |
Management Board | Management Board 2020 – Amounts:
| Management Board 2019 – Amounts:
| ||
Arthur Sadoun, Chairman of the Management Board | Arthur Sadoun, Chairman of the Management Board 2020 – Amounts:
| Arthur Sadoun, Chairman of the Management Board 2019 – Amounts:
| ||
Fixed compensation | Fixed compensation 2020 – Amounts: 1,000,000 | Fixed compensation 2019 – Amounts: 850,000 | 1,000,000 | 1,000,000 |
Annual variable compensation(1) | Annual variable compensation(1) 2020 – Amounts: 2,000,000 | Annual variable compensation(1) 2019 – Amounts: 1,400,000 | 1,400,000 | 1,400,000 |
Benefits in kind(2) | Benefits in kind(2) 2020 – Amounts: - | Benefits in kind(2) 2019 – Amounts: - | - | - |
Total | Total 2020 – Amounts: 3,000,000 | Total 2019 – Amounts: 2,250,000 | 2,400,000 | 2,400,000 |
Jean-Michel Etienne, Executive Vice-President – Groupe Finance | Jean-Michel Etienne, Executive Vice-President – Groupe Finance 2020 – Amounts:
| Jean-Michel Etienne, Executive Vice-President – Groupe Finance 2019 – Amounts:
| ||
Fixed compensation | Fixed compensation 2020 – Amounts: 840,000 | Fixed compensation 2019 – Amounts: 840,000 | 840,000 | 840,000 |
Annual variable compensation(3) | Annual variable compensation(3) 2020 – Amounts: 777,000 | Annual variable compensation(3) 2019 – Amounts: 672,000 | 672,000 | 672,000 |
Loyalty bonus(4) | Loyalty bonus(4) 2020 – Amounts: 1,000 | Loyalty bonus(4) 2019 – Amounts: 1,000 | - | - |
Benefits in kind(2) | Benefits in kind(2) 2020 – Amounts: - | Benefits in kind(2) 2019 – Amounts: - | - | - |
Total | Total 2020 – Amounts: 1,618,000 | Total 2019 – Amounts: 1,513,000 | 1,512,000 | 1,512,000 |
Anne-Gabrielle Heilbronner, Secretary General | Anne-Gabrielle Heilbronner, Secretary General 2020 – Amounts:
| Anne-Gabrielle Heilbronner, Secretary General 2019 – Amounts:
| ||
Fixed compensation | Fixed compensation 2020 – Amounts: 600,000 | Fixed compensation 2019 – Amounts: 540,000 | 600,000 | 600,000 |
Annual variable compensation(5) | Annual variable compensation(5) 2020 – Amounts: 600,000 | Annual variable compensation(5) 2019 – Amounts: 480,000 | 480,000 | 480,000 |
Benefits in kind(2) | Benefits in kind(2) 2020 – Amounts: - | Benefits in kind(2) 2019 – Amounts: - | - | - |
Job-loss insurance(6) | Job-loss insurance(6) 2020 – Amounts: 12,357 | Job-loss insurance(6) 2019 – Amounts: 12,357 | 12,357 | 12,357 |
Total | Total 2020 – Amounts: 1,212,357 | Total 2019 – Amounts: 1,032,357 | 1,092,357 | 1,092,357 |
Steve King, member of the Management Board(7) | Steve King, member of the Management Board(7) 2020 – Amounts:
| Steve King, member of the Management Board(7) 2019 – Amounts:
| ||
Fixed compensation(5) | Fixed compensation(5) 2020 – Amounts: 1,012,869 | Fixed compensation(5) 2019 – Amounts: 911,582 | 1,026,324 | 1,026,324 |
Annual variable compensation(8) | Annual variable compensation(8) 2020 – Amounts: 1,620,590 | Annual variable compensation(8) 2019 – Amounts: 1,134,413 | 1,149,483 | 1,477,907 |
Supplementary pension plan | Supplementary pension plan 2020 – Amounts: 53,402 | Supplementary pension plan 2019 – Amounts: 53,402 | 54,112 | 54,112 |
Benefits in kind(2) | Benefits in kind(2) 2020 – Amounts: - | Benefits in kind(2) 2019 – Amounts: - | - | - |
Total(7) | Total(7) 2020 – Amounts: 2,686,861 | Total(7) 2019 – Amounts: 2,099,397 | 2,229,919 | 2,558,343 |
(1) The variable compensation criteria for the year 2019 and their achievement levels are presented in Section 3.2.2.3 of the 2019 Universal Registration Document. The criteria for variable compensation for the year 2020 and their achievement levels are presented in Section 3.2.2.4 of this document.
(2) Benefits in kind relating to the use of a company-provided vehicle are not mentioned if they are for an immaterial amount.
(3) The variable compensation criteria for the year 2019 and their achievement levels are presented in Section 3.2.2.4 of the 2019 Universal Registration Document. The criteria for variable compensation for the year 2020 and their achievement levels are presented in Section 3.2.2.5 of this document.
(4) Loyalty bonus paid for length of service with the Groupe (20 years).
(5) The variable compensation criteria for the year 2019 and their achievement levels are presented in Chapter 3.2.2.5 of the 2019 Universal Registration Document. The criteria for variable compensation for the year 2020 and their achievement levels are presented in Section 3.2.2.6 of this document.
(6) As the French unemployment office (Pôle Emploi) does not cover it, Publicis Groupe took out insurance for its corporate officers.
(7) Compensation determined and paid in pounds sterling. The translation into euros was carried out at the average rate of 1 pound sterling = euro 1.14036 in 2019 and at the average rate of 1 pound sterling = euro 1.12541 in 2020.
(8) The variable compensation criteria for the year 2019 and their achievement levels are presented in Chapter 3.2.2.6 of the 2019 Universal Registration Document. The criteria for variable compensation for the year 2020 and their achievement levels are presented in Section 3.2.2.7 of this document.
