Redesigned following the 2018 arrival of new majority shareholder EQT, Saur Group governance is structured around a supervisory committee, an advisory committee and two specialist committees (the audit committee and the appointments and remuneration committee).
Supervisory committee & advisory committee
The supervisory committee has six members: one representing EQT, four independent members and one employee representative. It meets at least four times per year.
The supervisory committee overseas the management of the Company by its chairman. It makes decisions on strategic issues affecting Company life. The supervisory committee is supported by an advisory committee.
The two members of the audit committee meet at least three times per year. Its core mission is to examine the financial statements to ensure that the financial information they contain truthful and that the company’s internal compliance systems are effective. It inspects treasury management, supervises Group risk management and examines disputes or arbitrations above a certain threshold.
Appointments and remuneration committee
The two members of the appointments and remuneration committee meet at least twice per year. Its mission is to advise on the appointment, dismissal and remuneration (including bonuses and benefits of any kind) of the Chairman and members of the executive committee, and any other Group employee whose gross fixed annual salary exceeds a certain threshold. It is also consulted regarding the underlying principles of the Group remuneration policy, the implementation of any profit-sharing plan for Group employees, and the mandatory annual pay negotiations.
Group executive commitee
Chaired by Louis-Roch Burgard, the executive committee has fifteen members. The executive committee has responsibility for consideration, consultation and decision-making relative to key issues. It sets the strategic guidelines for the Group and monitors its performance.
It meets at least monthly.
CHIEF EXECUTIVE OF STEREAU
SENIOR EXECUTIVE VICE-PRESIDENT AND CHIEF FINANCIAL OFFICER
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS FRANCE – PARIS REGION & NORTHERN FRANCE
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS FRANCE - WEST
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS FRANCE - SOUTH
EXECUTIVE VICE-PRESIDENT GENERAL COUNSEL
SENIOR EXECUTIVE VICE-PRESIDENT DEVELOPMENT, MARKETING, CUSTOMER SERVICES AND INSTITUTIONAL RELATIONS
VICE-PRESIDENT DIGITAL AND INFORMATION SYSTEMS
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS FRANCE - CENTER & EAST
SENIOR EXECUTIVE VICE-PRESIDENT HUMAN RESOURCES, COMMUNICATION, STRATEGY & FORWARD PLANNING
EXECUTIVE VICE-PRESIDENT DIGITAL INNOVATION
EXECUTIVE VICE-PRESIDENT SPAIN
SENIOR EXECUTIVE VICE-PRESIDENT OPERATIONS & DIGITAL TRANSITION
DEPUTY CHIEF FINANCIAL OFFICER
SENIOR EXECUTIVE VICE-PRESIDENT INTERNATIONAL