The Corporate Governance Code applied by Nexans is the Code applicable to listed companies published by the Association Française des Entreprises Privées (AFEP) and Mouvement des Entreprises de France (MEDEF).
On May 15, 2014, on the recommendation of its Chairman, the Board of Directors approved the principle of splitting the duties of Chairman of the Board and Chief Executive Officer. This decision was made following the recommendation of the Appointments, Compensation and Corporate Governance Committee.
This organization allows the Company and Executive Management to concentrate on its strategic priorities and implement the strategic plan under the best possible conditions. It is carried out in conjunction with the Group’s transformation. It also helps ensure that the Board of Directors operates better. The conclusions of the Board’s annual performance appraisals reinforced this choice.
Since March 31st, 2016, the Company is organized around a Board of Directors chaired by Mr. Georges Chodron de Courcel, with Mr. Arnaud Poupart-Lafarge acting as Chief Executive Officer.
Board of Directors
Board of Directors' committees
The Board of Directors set up three advisory Committees to assist the Board in its decision-making.
- Accounts and Audit Committee
- Appointments, Compensation and Corporate Governance Committee
- Strategy and Sustainable Development Committee
The Management Board is chaired by the CEO, Arnaud Poupart-Lafarge. Its primary role is to define the strategy, the resources allocation and the Group’s organization. It is in charge of the proper process of the management of the Group.