Proxinvest attire l'attention des actionnaires sur le manque d'indépendance au sein du conseil d'administration. Par ailleurs, la seule administratrice considérée indépendante selon nos critères détient trop de mandats dans des sociétés cotées et, pour cette raison, nous ne soutenons pas sa réélection. De plus, nous ne soutenons pas les élections des autres administrateurs car ils sont tous non-indépendants.
La rémunération du Président Directeur Général, Philippe Aymard, ne sera pas approuvée car la société ne verse pas de rémunération au titre de ses fonctions. En terme de gouvernance, cette situation n'est pas saine puisque Philippe Aymard exerce des fonctions opérationnelles à la tête de la société, il devrait donc être rémunéré pour ces fonctions. La société devrait améliorer sa transparence vis-à-vis des éventuelles rémunérations de son PDG.
La rémunération du Directeur Général Délégué, Emmanuel Rougier, ne sera pas non plus soutenue en raison de la structure (100% court-terme) et du manque de communication sur les cible et maximum ainsi que sur le taux de réalisation de son seul objectif de son bonus annuel, ceci malgré un montant modeste.
Vilmorin & Cie SA is engaged in the production, marketing and sale of vegetable and crop seeds for agricultural production and market gardeners. The Vegetable seeds division is involved in the production and sale of vegetable seeds under the brand names, such as Hazera-Nickerson, Vilmorin SA, HM.Clause and Mikado Kyowa Seed, among others, intended for the professional food market, including market gardeners, processors, and specialists in canning, specialists in deep-freezing and freeze-drying. The Field Seeds division is focused on field seeds, including corn, straw cereals, grape and sunflower seeds for European and American clients. The Garden Products division is structured around two companies, Vilmorin Jardin and Suttons. In March 15, 2013, it acquired the Bisco Bio Sciences of India. In October 2013, it announced that it has recently taken over Shamrock. In November 2013, it acquired Eureka Seeds Inc. In March 2014, it acquired Seed Asia based in Bangkok.
Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.
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Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.
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As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide.
Disposal of 60% of Kantar business is tabled to vote. This is the biggest step in the WPP reorganisation announced at the end of 2018. The CEO Mark Read, Sir Martin Sorrell’s successor, set out a three-year plan of “radical evolution” to return the business to growth, aiming a new WPP as a leader in creativity and technology. Part of this broad restructuring, WPP has simplified its businesses, sold off companies (according to FT, more than 30 subsidiaries for a total of almost £900m), cutting 3,500 jobs worldwide. After the deal, Kantar will be held 60% by Bain Capital (indirectly) and 40% by ...
In general, Metso is in compliance with the Finnish regulations relating to the organisation and procedures of the Extraordinary General Meeting.Under ITEM 6, the board of directors seeks approval of a partial demerger of Metso. Pursuant to the proposal, it is proposed to carve out the Company's Minerals business (through a partial demerger) and to combine it with the businesses of Finland-based Outotec Oyj ("Outotec"). As a result of the partial demerger, Metso¶s current Flow Control business will become the continuing business of the currently listed Metso, which will be subsequently renamed...
In general, ASR Nederland is in compliance with the Dutch regulations relating to the organisation and procedures of the Extraordinary General Meeting.Under ITEM 2a, the supervisory board gives notice of its intention to appoint Ms. Ingrid de Graaf-de Swart as member of the Company's executive board for a period of 4 years. ECGS notes that according to Dutch law and the Company's Articles of Association, shareholders are NOT entitled to vote on this agenda item. Shareholders will have the opportunity though to ask questions or make remarks with respect to this agenda item during the meeting.Un...
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