Committees of the Board of Directors
Audit-Finance Committee
4 members / 75% independent Guylaine Saucier*, François Hériard Dubreuil, Emmanuel de Geuser*, Jacques-Etienne de T'Serclaes*
Nomination and Remuneration Committee
4 members / 50% independent Bruno Pavlovsky*, Dominique Hériard Dubreuil, Orpar SA, Gisèle Durand, Olivier Jolivet*
Corporate Social Responsibility Committee
3 members / 67% independent Dominique Hériard Dubreuil, Hélène Dubrule*, Olivier Jolivet*
* Independent Board member.
CHANGE IN EXECUTIVE COMMITTEE DURING THE FINANCIAL YEAR
Éric Vallat was appointed Chief Executive Officer of the Group on 1 December 2019, following the departure of Valérie Chapoulaud-Floquet. The Executive Committee he heads includes 10 directors of seven different nationalities from a range of backgrounds:
spirits, cosmetics, fashion and accessories, and high-end tableware.
From left to right, back row: Simon Coughlin (CEO Whisky Division), Laurent Venot (CEO EMEA), Marc Henri Bernard (Senior Vice President Human Resources), Luca Marotta (CFO), Patrick Marchand (Senior Vice President Operations), David Ennes (Senior Vice President Asia Pacific and Global Travel Retail). Front row: Jean Denis Voin (CEO Liqueurs & Spirits), Valérie Alexandre (Strategic Planning Director), Éric Vallat (Group CEO), Ian McLernon (CEO Americas), Philippe Farnier (CEO House of Rémy Martin).
Composition of remuneration of senior management (excluding LTIP)
- Fixed remuneration : 70.1%
- Variable remuneration : 29.9%
- of which CSR bonus : 3%
- 50% based on quantitative criteria (current operating profit/(loss), cash flow generation, profit (loss) for the period excluding non-recurring items, ROCE)
- 50% based on qualitative criteria (including one CSR target)
