The Company’s Articles of Incorporation 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.
The Management Board has been chaired by Mr. Arthur Sadoun since June 1, 2017. He succeeded Mr. Maurice Lévy, who became Chairman of the Supervisory Board of Publicis Groupe.
As of December 31, 2023, the Management Board was composed of three members: Mr. Arthur Sadoun (Chairman), Mrs. Anne‑Gabrielle Heilbronner and Mr. Michel‑Alain Proch.
The table below provides a summary of the Management Board’s composition as of December 31, 2023:
| not-included | Personal information | Experience | Position within the Management Board | Meeting Attendance | |||||
|---|---|---|---|---|---|---|---|---|---|
| not-included | Age(1) | Gender | Nationality | Number of Publicis Groupe SA shares held(1) | Total number of offices held in listed companies | First appointment | Years on the Management Board | End of term of office | Individual attendance rate at Management Board meetings |
| Arthur Sadoun Chairman of the Management Board | 52 | M | French | 213,102 | 2 | 06/01/2017 | 6 | 09/14/2026 | 100% |
| Anne‑Gabrielle Heilbronner | 54 | F | French | 29,808 | 3 | 09/15/2014 | 9 | 09/14/2026 | 100% |
| Michel‑Alain Proch(2) | 53 | M | French | 25,500 | 2 | 01/15/2021 | 2 | 09/14/2026 | 100% |
No change occurred in the composition of the Management Board in 2023. The Management Board was reappointed by the Supervisory Board on September 14, 2022.
Thus, the term of office of Mr. Arthur Sadoun as Chairman of the Management Board and the terms of office of Mrs. Anne‑Gabrielle Heilbronner and Mr. Michel‑Alain Proch as members of the Management Board were renewed for a period of four years, i.e. until September 14, 2026.
The Supervisory Board was informed in November 2023 of Mr. Michel‑Alain Proch's decision to leave Publicis Groupe in February 2024. It decided to appoint Mr. Loris Nold as Groupe Chief Financial Officer following the approval and presentation of the financial statements for the 2023 financial year and to appoint him at that date as a member of the Management Board to replace Mr. Michel‑Alain Proch for the remaining term of office.
