115 / 158
LISI 2016 FINANCIAL REPORT
115
The fees relative for tax services regarding the French or foreign companies, rendered by Bureau Francis Lefebvre or other consultancies, are
not listed in this table:
Ernst & Young
Exco Cap Audit
Foreign auditors
Amount
Amount
Amount
(in €’000)
N
N-1
N
N-1
N
N-1
AUDIT
Auditors, certification, review of individual and consolidated financial statements
–– Holding company
31
31
31
31
–– Fully consolidated subsidiaries
689
707
274
205
47
144
Other due diligence and services
–– Holding company
33
21
13
–– Fully consolidated subsidiaries
23
78
13
10
0
1
Sub-Total
777
836
331
245
47
145
OTHER SERVICES RENDERED BY THE NETWORKS TO THE FULLY CONSOLIDATED SUBSIDIARIES
Legal, tax, and social
Miscellaneous services
Sub-Total
TOTAL
777
836
331
245
47
145
LISI is a
société anonyme
(limited company) with a Board of Directors,
governed by French law, in particular the provisions of Book II of the
Commercial Code, and a number of provisions of the regulatory section
of the French Commercial Code. The Company has set up measures
aiming to comply with the market recommendations regarding the
corporate governance principles (refer in particular to the Board
Chairman’s report).
The LISI Group is a member of the AFEP-MEDEF corporate governance
code, whose recommendations it meets, except for those set out in
paragraph 2.10 of this chapter, in accordance with the “Apply or explain”
rule of the AFEP-MEDEF Code. Such membership has been confirmed
by the Board of Directors.
At its meeting of February 17, 2016 and in accordance with the
Company’s bylaws, LISI’s Board of Directors implemented the decision
it had taken and announced on October 21, 2015 to separate the
functions of Board Chairman from those of Chief Executive Officer
and to appoint a Deputy CEO.
Thus, as from March 1, 2016:
■■
Mr. Gilles Kohler, Chairman and Chief Executive Officer of the
company up to this date, no longer carries out the duties of CEO
but remains the non-executive Chairman of the Board of Directors.
In this role, he is in charge of the Company’s governance, contributes
to the formulation of strategy and oversees Group internal control.
■■
Emmanuel Viellard, previously Deputy Chairman & CEO, is now in
charge of the Group’s senior management. His main duties are to
draw up Group strategy and present it to the Board of Directors for
approval, oversee the implementation of the strategy once approved
by the Board, manage the Company and its divisions, and ensure its
development, cohesion and long-term sustainability.
■■
Jean-Philippe Kohler has been appointed Deputy CEO alongside
Emmanuel Viellard and remains in charge of the Group internal
auditing, now extended to finance, safety, environment and industrial
management. He also retains responsibility for managing and
coordinating Group Human Resources.
Moreover, at this meeting, the Board appointed independent director
Lise Nobre to the post of Vice-Chairwoman, to back Gilles Kohler on
corporate governance issues.
2
I
CORPORATE GOVERNANCE
Information regarding the company and corporate governance
7