Board of Directors
Thanks to its diversity and the complementarity of its experiences, ENGIE’s Board of Directors takes into account the interests of all its stakeholders, including its shareholders, to meet the challenges that are revolutionising the energy world.
Since the end of the General Meeting of 18 May 2018, ENGIE’s Board of Directors is composed of 19 members. In accordance with the Afep-Medef Code, 9 Directors are considered independent, i.e. a rate of 60% (1). ENGIE also ensures a balanced representation of women and men in the Board: 7 of its members are women (2). ENGIE also seeks to strengthen the diversity and international experience of its Board of Directors. 5 foreign nationalities are represented in its midst.
Composition of the Board of Directors
The Company is administered by a Board of Directors with 19 members:
- 11 Directors appointed by the Annual General Shareholders’ Meeting.
- 3 Directors elected by the General Meeting of Shareholders on the recommendation of the French State.
- 1 Director representing the French State (in the process of nomination).
- 3 Directors representing the employees of the Group.
- 1 Director representing employee shareholders of the Group (elected by the General Meeting of Shareholders).
Also assisting the meetings of the Board:
- The Government Commissioner and the Representative central committee who acts in an advisory capacity.
- The General Secretary, the CFO and the Board Secretary.
Committees of the Board
Four Committees assist the Board of Directors in its deliberations. Solicited on specific subjects in preparation for certain deliberations, they transmit their recommendations on the decisions to be taken. Each Committee is chaired by an independent Director.
(1) In accordance with the Afep-Medef code, directors representing employees and employee shareholders are not taken into account when calculating the proportion of independent directors. (2) In accordance with the law, Directors representing employees who are not elected by the General Meeting are not taken into account for the calculation of the proportion of women and men.