In its 22 March 2018 session, the Supervisory Board decided to submit to the vote of the shareholders' annual general meeting on 25 May 2018 the renewal of the terms of Vivienne Cox, Cédric de Bailliencourt, Laurence Broseta and Alexandra Schaapveld, for a new term of four years.
Taking into account her knowledge of the activities, the challenges and the organisation of the group, the Supervisory Board considers that the renewal of all Vivienne Cox's appointments will ensure the stability and the continuity required for the transformation measures carried out by the Management Board. Therefore, the Supervisory Board decided to renew Vivienne Cox's mandate of Chairman of the Supervisory Board, on the condition of her reappointment as a member of the Supervisory Board by the general meeting on 25 May 2018. Subject to the same condition, she will be renewed as Chairman of the Strategic Committee.
During this same session, the Supervisory Board decided to submit to the vote of the General Meeting the appointment of Jean-Jacques Morin as Supervisory Board member, for a term of four years. He will replace Henri Poupart-Lafarge, whose mandate as member of the Supervisory Board is due to expire at the end of next shareholders' meeting. Henri Poupart-Lafarge did not wish to renew his mandate in order to concentrate fully on his new responsibilities.
After a career in auditing and consulting, Jean-Jacques Morin moved into the international high-tech sector, joining Alstom in 2005. He served as CFO in the Transport sector in Paris, and in the Power Service sector in Zurich eventually becoming Group CFO. 57 years old, he has been a member of the AccorHotels Executive Committee as Chief Financial Officer since the end of 2015. His extensive expertise in finance and his experience in executive positions enable him to succeed Henri Poupart-Lafarge as Chairman of the Financial and Audit Committee. The Supervisory Board considers that Jean-Jacques Morin is qualified to serve as an independent member.
The Chairman of the Supervisory Board and all Board members would like to thank Henri Poupart-Lafarge for his active involvement and contribution in the Supervisory Board and the Financial and Audit Committee.
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