Report
Anaïs Dudout
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Proxy Report - 30/05/2018

Following the 2017 general meeting, long-time Publicis boss Maurice Lévy stepped down as CEO and was replaced by Arthur Sadoun. Maurice Lévy is now being nominated for the position of Chairman of the Supervisory Board replacing, Elisabeth Badinter, the Company's shareholder, who will become Vice-Chairman.

Following his nomination as Chairman, Maurice Lévy will be paid €2.8 million per year; an amount particularly excessive for a non-executive chairman.

More generally, Publicis’ compensation policy is very generous, and the amounts granted to the Deputy CEOs are on par with CEO compensation at peer companies. This is also due to an extraordinary performance shares plan, dubbed “Sprint to the future”, which was granted to all members of the Management Board. It is capped at €4 M to €5 M for the Deputies CEOs and at €6 M for Arthur Sadoun, which is excessive.

Underlying
Publicis Groupe S.A.,

Publicis is holding company. Through its subsidiaries, Co. is engaged in marketing, communication and digital transformation. Co. designs a customized package of services to meet each client's particular needs through a holistic and global approach. In addition, Co. provides financial markets with information concerning the relative size of each of the different business sectors for the sole purpose of allowing sector comparisons. Co.'s principal activities comprise four main categories: Digital, Advertising, Specialized Agencies and Marketing Services (SAMS) and Media.

Provider
Proxinvest
Proxinvest

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Analysts
Anaïs Dudout

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