(Boursier.com) — The General Meeting of Publicis Groupe will be held in person on May 25 at 10 a.m. at Cinéma Publicis. This is a return to “normal” after the constraints imposed by the pandemic.
As is customary, shareholders will be called upon to vote on the various resolutions concerning the Group’s business and results. On this occasion, changes in the composition of the Supervisory Board will be proposed to the shareholders’ vote.
To the Supervisory Board
The terms of Mrs. Elisabeth Badinter and Mrs. Cherie Nursalim expiring at the end of the 2022 General Meeting, on the recommendation of the Nomination Committee and on the decision of the Supervisory Board, will be submitted:
– the renewal of the mandate of Mrs. Elisabeth Badinter for a period of 4 years, on the one hand,
– the appointment of Mr. Tidjane Thiam as a new member of the Supervisory Board for a term of 4 years, on the other hand.
The Supervisory Board recommends the renewal of the mandate of Ms. Elisabeth Badinter who, throughout her mandates, has provided “unwavering support for the development and consolidation of the Group’s activities”. He made a point of expressing his “warm thanks and appreciation” to Ms. Cherie Nursalim for her valuable contribution to the work of the Board and the Committees in which she participated.
The Supervisory Board wished to further strengthen the international dimension and the diversity of experience and skills in its composition. It therefore unanimously, on the recommendation of the Appointments Committee, decided to submit to the vote of the General Meeting the appointment of Tidjane Thiam, whose skills and previous experience as a manager of large financial groups such as Prudential or Swiss credit and initiator of major projects, particularly in China and Africa, will be a valuable contribution to the Group. It should be noted in particular that Tidjane Thiam held the position of Managing Director of Crédit Suisse from 2015 to 2020 where he implemented a 3-year restructuring program, recognized by Euromoney which named him “Banker of the Yea” in 2019. He is notably a member of the “Council for Inclusive Capitalism” and of the International Olympic Committee (IOC). Since June 2020, he has been a director of Kering, where he chairs the Audit Committee. Since November 2020, he is Chairman of the Board of Directors of Rwanda Finance, in charge of promoting Rwanda as an international financial center.
Dividend
The Supervisory Board also decided, on the proposal of the Management Board, to submit to the vote of its shareholders a dividend of 2.4 euros per share, corresponding to a distribution rate of 47.8%, for the 2021 financial year. It will be paid in full in cash. The ex-dividend date will be July 4 and will be paid on July 6.