Committed to sharing the value generated in its business, Essilor strongly involves its stakeholders, especially employees, in major decisions that affect its future.
Balance
and diversity
The composition of the Board of Directors is guided by the search for a balance between experienced administrators with extensive knowledge of the Group and new directors who bring experience that can help the Group and its future growth.
The Group is also committed to reflecting the diversity of its stakeholders by opening up its Board to an increasing number of international, female and independent directors. With 13 members of 5 nationalities (American, Canadian, French, German and Singaporean) the Board already has a high proportion (60%) of independent directors within the scope of the Afep-Medef code.
Board's
members
As at December 1st, 2018
Board's
committees
As at February 28, 2018
The Board’s committees structure governance and assist the Board of Directors.
Four committees, each of which is dedicated to a specific field of expertise, operate within a remit determined by the Board of Directors and submit their opinions and proposals to the Board for decision.
THE AUDIT AND RISK COMMITTEE
Role
The Audit Committee ensures that the Executive Management has access to the resources required to identify and manage the economic, financial and legal risks to which the group is exposed in the context of its operations. It carries out its work by means of inspections and information gathering in relation to the group’s different management structures.
Members
– Annette MESSEMER (Chair)
– Philippe ALFROID
– Juliette FAVRE
– Jeanette WONG
THE APPOINTMENT AND COMPENSATION COMMITTEE
Role
The main duties of the Appointment and Compensation Committee within the work of the Board of Directors consist of making some proposals relating to (i) the appointment of the Corporate officers and the Company’s senior managers, (ii) the assessment of the way the Board and its committee operate, (iii) assessment of Essilor Governance with respect to the Best practices, prevent any conflict of interest concerning a corporate officers or a Company’s senior managers, (iv) the compensation of the corporate officers or a Company’s senior managers.
Members
– Bernard HOURS (Chair)
– Marc ONETTO
– Olivier PECOUX
– Hubert SAGNIERES (in a consulting role)*
– Juliette FAVRE (in a consulting role)*
*The Chairman and Chief Executive Officer and a Director representing employee shareholders are involved in the work of the committee (except for the topics with respect to Compensations)
THE STRATEGY COMMITTEE
Role
The principal purpose of the Strategic Committee is to review group strategy at regular intervals as regards products, technologies, geographical developments and marketing.
Members
– Hubert SAGNIERES (Chair)
– Philippe ALFROID
– Antoine BERNARD DE SAINT-AFFRIQUE
– Maureen CAVANAGH
– Juliette FAVRE
– Louise FRECHETTE
– Yi HE
– Bernard HOURS
– Ludovic MATHIEU
– Annette MESSEMER
– Marc ONETTO
– Olivier PECOUX
– Laurent VACHEROT
– Jeanette WONG
– Delphine ZABLOCKI
THE CORPORATE SOCIAL RESPONSIBILITY (CSR) COMMITTEE
Role
The main role of the CSR Committee is to ensure that the Essilor group is even more effective at addressing the economic and societal challenges associated with our mission to “improve sight,” which involves helping as many people as possible to see better, in order to live better. Of the 7.2 billion people on the planet, 4.5 billion need visual correction and 1.9 billion actually get it. Therefore, more than 2.5 billion people do not. The Group strives to offer products customized to each individual within its entire global scope.
This covers all areas of corporate social responsibility relating to the Group’s mission and operations.
Members
– Louise FRECHETTE (Chair)
– Antoine BERNARD DE SAINT-AFFRIQUE
– Juliette FAVRE
– Hubert SAGNIERES
– Jeanette WONG
