The bylaws provide that the Management Board must have between two and seven members. The members of the Management Board are appointed by the Supervisory Board for four-year terms. They may be reappointed.
At December 31, 2020, the Management Board comprised four members: Arthur Sadoun, Jean-Michel Etienne, Steve King and Anne-Gabrielle Heilbronner.
The table below provides a summary of the Management Board’s composition as at December 31, 2020:
Age(1) | Nationality | First appointment | Years on the Management Board | End of term of office | Total number of offices held in listed companies | Individual attendance rate at Management Board meetings | |
|---|---|---|---|---|---|---|---|
| Arthur Sadoun Chairman of the Management Board | Arthur Sadoun Chairman of the Management BoardAge(1) 49 | Arthur Sadoun Chairman of the Management BoardNationality French | Arthur Sadoun Chairman of the Management BoardFirst appointment 06/1/2017 | Arthur Sadoun Chairman of the Management BoardYears on the Management Board 3 | Arthur Sadoun Chairman of the Management BoardEnd of term of office 09/14/2022 | Arthur Sadoun Chairman of the Management BoardTotal number of offices held in listed companies 1 | Arthur Sadoun Chairman of the Management BoardIndividual attendance rate at Management Board meetings 100% |
| Jean-Michel Etienne | Jean-Michel Etienne Age(1) 69 | Jean-Michel Etienne Nationality French | Jean-Michel Etienne First appointment 07/1/2010 | Jean-Michel Etienne Years on the Management Board 10 | Jean-Michel Etienne End of term of office 12/31/2020 | Jean-Michel Etienne Total number of offices held in listed companies 1 | Jean-Michel Etienne Individual attendance rate at Management Board meetings 100% |
| Anne-Gabrielle Heilbronner | Anne-Gabrielle Heilbronner Age(1) 51 | Anne-Gabrielle Heilbronner Nationality French | Anne-Gabrielle Heilbronner First appointment 09/15/2014 | Anne-Gabrielle Heilbronner Years on the Management Board 6 | Anne-Gabrielle Heilbronner End of term of office 09/14/2022 | Anne-Gabrielle Heilbronner Total number of offices held in listed companies 2 | Anne-Gabrielle Heilbronner Individual attendance rate at Management Board meetings 100% |
| Steve King | Steve King Age(1) 61 | Steve King Nationality British | Steve King First appointment 06/1/2017 | Steve King Years on the Management Board 3 | Steve King End of term of office 09/14/2022 | Steve King Total number of offices held in listed companies 1 | Steve King Individual attendance rate at Management Board meetings 93% |
(1) At December 31, 2020.
The composition of the Management Board has been unchanged since the appointment of Arthur Sadoun as Chairman of the Management Board and of Steve King as member on June 1, 2017.
The Management Board was reappointed by the Supervisory Board on September 12, 2018. As a result, the term of office of the Chairman of the Management Board Arthur Sadoun, and those of Management Board members Anne-Gabrielle Heilbronner and Steve King were renewed for a further four years following their expiry, and the term of office of Jean-Michel Etienne ended on December 31, 2020. The Supervisory Board of November 25, 2020 appointed Mr. Michel-Alain Proch as a member of the Management Board from January 15, 2021.
The composition of the Management Board strives to achieve a balanced representation of women and men, and thus to maintain a gap between the number of members of each gender of less than or equal to two.
The profiles below present Management Board members on December 31, 2020, their experience and skills, and their main offices and positions over the last five years, to the Company’s knowledge.
