Compensation and Nomination Committee
The Compensation and Nomination Committee is composed of two independent Directors: Mrs. Laurence Lescourret, Chairman, and Mr. Soumitra Dutta. The missions and the operating rules of the Committee are defined in the internal regulation of the Board of Directors.
The Compensation and Nomination Committee’s main missions are: (i) to propose to the Board of Directors the amounts for compensation and benefits of the Chairman of the Board and the Chief Executive Officer, to set the formulas and the rules to apply for determining the variable part of their compensation, and to verify the application of these rules, (ii) to evaluate the global amount and the allocation of the directors’ fees, (iii) to propose to the Board the nomination or renewal of directors and review the independence of those who are so identified, (iv) to examine the Company’s policy for nominating, and to be informed of the compensation policy for, the executive officers, (v) to consider the employee profit‑sharing policy based on the Company’s shares, and (vi) to propose to the Board of Directors solutions in case of vacancy of the position of Chairman of the Board and of Chief Executive Officer.
- Financial Expert
- Independent Director