REG - Compagnie St-Gobain - Appointments

Compagnie de Saint Gobain SAAnnouncement

25/03/2022 07:16

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220325:nRSY0352Ga&default-theme=true

RNS Number : 0352G  Compagnie de Saint-Gobain  25 March 2022

PRESS RELEASE

 

 

March 25, 2022

 

PROPOSALS TO THE SHAREHOLDERS' MEETING

regarding THE SAINT-GOBAIN BOARD OF DIRECTORS

 

 

In the context of the next Shareholders' General Meeting to be held on June 2,
2022, and on the recommendation of its Nominations and Remuneration Committee,
the Board of Directors of Compagnie de Saint-Gobain decided unanimously at its
meeting on March 24, 2022 to propose the following resolutions concerning its
composition to the General Meeting:

 

- Renewal of the term of office of Pierre-André de Chalendar as Director

 

If the General Meeting renews his term of office as Director, the Board of
Directors intends, as part of the transition to Benoit Bazin, Chief Executive
Officer since July 1(st), 2021, to reappoint Pierre-André de Chalendar as
Chairman of the Board of Directors of Compagnie de Saint-Gobain and, in
accordance with best practices, to maintain the position of Lead Independent
Director, held by Jean-Dominique Senard.

 

In this context, Pierre-André de Chalendar has indicated to the Board of
Directors that he would serve as Chairman for a maximum period of two years,
i.e. until the June 2024 General Meeting at the latest.

 

- Ratification of the co-optation of Lina Ghotmeh, 42 years old,
French-Lebanese architect, as an independent director

 

Lina Ghotmeh was co-opted to replace Denis Ranque, who resigned, for the
remainder of the latter's term of office, i.e. until the Shareholders' General
Meeting to be held in June 2023.

 

Lina Ghotmeh brings to the Board her knowledge of the construction value chain
and her expertise in digital transformation, innovation for sustainable
architecture and her work on materials and the circular economy.

 

- Appointment of Thierry Delaporte, 54 years old, Chief Executive Officer of
Wipro limited, as a new independent director

 

Thierry Delaporte will bring to the Board the benefit of his experience as an
executive director of a world-class Indian listed company, a leader in
information technology, consulting and business process services, his
knowledge of services related to digital and his international operational
experience, particularly in the United States and Asia, especially in India.

 

 

 

If the shareholders approve these appointments, the Board will consist of 50%
women, 36% foreign directors and 73% independent directors (excluding
directors representing employees and representing employee shareholders, in
accordance with the Afep-Medef Code). The appointment of Thierry Delaporte
would continue the rejuvenation of the Board initiated with the appointment of
Benoit Bazin as Director in June 2021 and the co-optation of Lina Ghotmeh in
November 2021. It would further strengthen the Board's international
experience and expertise in digital transformation and innovation.

 

Jean-Dominique Senard, Lead Independent Director, said:

 

"I am very pleased that Pierre-André de Chalendar has agreed to continue to
bring his deep experience to the Group, in the best interests of Saint-Gobain.

During the annual self-assessment of the Board, the directors were unanimous
in highlighting the very good transition made by Pierre-André de Chalendar as
Chairman of the Board and the very good interaction between the Chief
Executive Officer and the Chairman of the Board."

 

Pierre-André de Chalendar, Chairman of Saint-Gobain, said:

 

"I am extremely honored by the trust placed in me once again by the Board of
Directors. If the shareholders so decide, it is with pride and enthusiasm that
I will continue my work as Chairman of the Board of Saint-Gobain, for up to
two years. I am also delighted with the remarkable work Benoit Bazin has done
in positioning the Group perfectly for its new strategic plan since I handed
over the CEO role to him on July 1(st), 2021.

I am also very pleased that the appointments of Lina Ghotmeh and Thierry
Delaporte are proposed to the shareholders. Lina and Thierry strengthen the
expertise of the Board and will be able to play a key role as independent
directors."

 

Biography of Lina Ghotmeh

 

Lina Ghotmeh is an internationally renowned architect. She leads her own
studio of architecture named "Lina Ghotmeh - Architecture" in Paris and
produces architectural designs in France and abroad with a multicultural team.

She has been honored with numerous awards, including the French Ministry of
Culture AJAP 2008 award, the French Academy DEJEAN Prize 2016, the Grand Prix
Afex 2016, the Pierre Cardin Prize 2019 from the Paris Academy of Fine Arts,
and more recently, the 2020 Tamayouz "Woman of Outstanding Achievement" award
and the Schelling Architecture Prize 2020. She has been nominated for the
Moira Gemmill English Prize.

Her work is exhibited at the 17(th) Architecture Biennale in Venice and is
frequently published, notably in Phaidon and RIBA books, or in the magazines
AA, Domus and Architectural Record.

She holds teaching positions at Yale School of Architecture in the United
States, University of Toronto in Canada and she has taught at the Ecole
Spéciale d'Architecture. She has lectured in various institutions including
Columbia University in the United States, the Parsons School in France and the
Royal College of Art in the United Kingdom.

 

 

 

 

 

Biography of Thierry Delaporte

 

A French national, Thierry Delaporte began his career in 1992 with the
consulting firm Arthur Andersen before joining the Capgemini group in 1995. He
first held various financial positions, including Chief Financial Officer of
the Southern Europe zone, then of the Asia-Pacific zone. He then spent nearly
15 years in the United States in financial and operational management
positions, including Chief Financial Officer of North America, Chief Executive
Officer of the International Financial Services strategic unit and then
Managing Director of the Latin America zone. In 2018, he was appointed Group
Chief Operating Officer, a position he held until 2020. In June 2020, he
joined Wipro Limited, a Bangalore-based company listed on the NYSE (New York
Stock Exchange), BSE (Bombay Stock Exchange) and NSE (National Stock Exchange
of India) and a leader in information technology, consulting and business
process services, as Chief Executive Officer.

Thierry Delaporte is a graduate of the Institut d'Etudes Politiques de Paris
and holds a Master's degree in Law from the University of Paris II Assas. He
is also co-founder of the non-profit organization Life Project 4 Youth.

 

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs,
manufactures and distributes materials and services for the construction and
industrial markets. Its integrated solutions for the renovation of public and
private buildings, light construction and the decarbonization of construction
and industry are developed through a continuous innovation process and provide
sustainability and performance. The Group's commitment is guided by its
purpose, "MAKING THE WORLD A BETTER HOME".

 

€44.2 billion in sales in 2021

167,000 employees, operations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

To find out more about Saint-Gobain,

Please visit www.saint-gobain.com (http://www.saint-gobain.com) and follow us
on Twitter @saintgobain

 

 

 

 Analyst/Investor relations                   Press relations

 Vivien Dardel          +33 1 88 54 29 77     Patricia Marie             +33 1 88 54 26 83

 Floriana Michalowska    +33 1 88 54 19 09    Bénédicte Debusschere      +33 1 88 54 14 75

 Christelle Gannage      +33 1 88 54 15 49    Susanne Trabitzsch         +33 1 88 54 27 96

 Alix Sicaud             +33 1 88 54 38 70

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCUVRBRUSUOURR