Saint Gobain: Benoit Bazin's mandate renewed

(CercleFinance.com) - Following on from Benoit Bazin's appointment in June 2024 as Chairman and Chief Executive Officer, the Board of Directors unanimously decided at its meeting on 28 November 2024 to submit several resolutions relating to its governance to the AGM of Shareholders on 5 June 2025.


The Board will submit the renewal of Benoit Bazin's term of office as Director, it being specified that, in this case, the Board will reappoint Benoit Bazin as Chairman of the Board of Directors and Chief Executive Officer of Saint-Gobain, and will maintain Jean-Francois Cirelli's role as Lead Director and Vice-Chairman of the Board, in accordance with the Articles of Association.

The Board will also propose the appointment of three new independent directors in view of the expiry of three mandates: Maya Hari, of Singaporean nationality, Chief Executive Officer of Terrascope, Antoine de Saint-Affrique, of French nationality, Chief Executive Officer of Danone, and Hans Sohlström, of Finnish nationality, Chairman and Chief Executive Officer of Stora Enso.

In the event of a positive vote, the proportion of independent directors will rise from 82% to 93% (excluding employee directors and those representing employee shareholders in accordance with the Afep-Medef Code), i.e. 100% excluding the Chairman and CEO.


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