Family-based and independent governance
Monnoyeur’s rich history is part of its governance. Its senior management includes several members of the Monnoyeur family. But it also includes independent voices, thus demonstrating the Group’s commitment to strong and open governance. Transparent financial reporting, risk management and ethical rules are central to our management. Our organisational structure comprises two main bodies:
The Board of Directors
It has 12 directors (6 are members of the Monnoyeur family, 6 are independent):
The Board also relies on two specialist bodies to assist it on specific matters:
- The Audit Committee the main task of which is to review the financial statements, monitor the internal audit plan and risk management, and monitor compliance issues. The members are Patrick Cazalaa (Chairman), Grégoire de Castelnau and Augustin Monnoyeur.
- The Appointments and Compensation Committee, which is responsible for advising the Board on recruitment and the establishment of key Group positions. The members are Jean Eichenlaub (Chairman), Marina Boutry-Cuypers and Olivier de Panafieu.
- The CSR Committee is responsible for validating the Group’s CSR strategy, studying CSR risks and opportunities and reviewing the company’s CSR publications. The members are Julie Avrane (Chairman), Aurèle Gaüzère and Thibault Monnoyeur.
The Executive Committee
The Management Team has seven members. It is a body for reflection, coordination and sharing of initiatives as well as monitoring of interdisciplinary projects. This committee ensures the operational management of the companies and the implementation of the Group’s strategy defined by the Board of Directors. The main entities of the Group are also managed by their own management committees made up of the financial, sales, services, industrial and human resources departments.
