Chairmanship of the Supervisory Board of Lagardère SCA
December 04 2019 - 11:45AM
Business Wire
Regulatory News:
Lagardère (Paris:MMB):
At its meeting this morning, the Supervisory Board decided on
the recommendation of the Appointments, Remuneration and Governance
Committee to appoint Mr. Patrick Valroff as of today as Chairman of
the Supervisory Board and Chairman of the Audit Committee of
Lagardère SCA. Mr. Xavier de Sarrau has announced that he is
standing down from these roles for personal reasons. He shall
however remain a member of the Supervisory Board.
The Supervisory Board unanimously praised the very high quality
work achieved since 2010 by Mr. de Sarrau, in particular in heading
up the board, favouring constructive interaction between board
members and enhancement of matters dealt with.
In addition to his financial expertise, Mr. Patrick Valroff –
who has been very active as a member for around 10 years in the
work of the Supervisory Board and the Audit Committee – offers
in-depth knowledge of the Group and its operations, which will
enable him to perform his duties to the full.
***
Until recently, the Lagardère group was structured into four
business divisions: Lagardère Publishing, Lagardère Travel Retail,
Lagardère Sports and Entertainment and Lagardère Active. In 2018,
the Group launched its strategic refocusing around two priority
divisions: Lagardère Publishing and Lagardère Travel Retail.
Lagardère shares are listed on Euronext Paris.
www.lagardere.com
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version on businesswire.com: https://www.businesswire.com/news/home/20191204005712/en/
Press Thierry Funck-Brentano
Tel: +33 1 40 69 16 34 tfb@lagardere.fr Ramzi Khiroun Tel: +33 1 40
69 16 33 rk@lagardere.fr
Investor Relations Florence
Lonis Tel. +33 1 40 69 18 02 flonis@lagardere.fr
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