Governance

In 2023, the Group welcomed two new consortium shareholders, DIF Capital Partners and PGGM. The Saur Group governance is structured around a supervisory board, an advisory committee and two specialist committees: the audit committee and the appointments and remuneration committee.

Supervisory board and specialty committees

Supervisory board

Chaired by Jürgen Rauen, the supervisory committee has ten members: one representing EQT, one DIF Capital Partners representative and one PGGM representative, six industrial members and one employee representative. It meets at least four times per year. The supervisory committee oversees the management of the Company by its chairman. It makes decisions on strategic issues affecting Company life.

Jürgen Rauen
Chairman

David Bird
Member

Jean-Francois Cirelli
Member

Didier Deloffre

Employees' Representative

Delphine Gény-Stephann

Member

Patrick Jaslowitzer

Member

Thierry Mallet

Member

Didier Michaud-Daniel

Member

Thomas Vieillescazes

Member

Martijn Verwoest
Member

Advisory board

Chaired by Jürgen Rauen, the advisory committee has nine members including one representing EQT, one DIF Capital Partners representative and one PGGM representative. It meets at least 10 times per year. It takes decisions on the strategic points of the Saur group’s activities. These decisions differ from and complete those taken by the supervisory committee.

Jürgen Rauen
Chairman

David Bird
Member

Jean-Francois Cirelli
Member

Delphine Gény-Stephann
Member

Patrick Jaslowitzer
Member

Thierry Mallet
Member

Didier Michaud-Daniel
Member

Thomas Vieillescazes
Member

Martijn Verwoest
Member

Audit committee

The six members of the audit committee meet at least twice per year. Its core mission is to examine the financial statements to ensure that the financial information they contain is 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.

Delphine Gény-Stephann
Chairman and Member

David Bird
Member

Didier Deloffre
Member and Employees' Representative

Patrick Jaslowitzer
Member

Thomas Vieillescazes
Member

Martijn Verwoest
Member

Appointments and remuneration committee

The five 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.

Jürgen Rauen
Chairman and member

Jean-François Cirelli
Member

Patrick Jaslowitzer
Member

Thomas Vieillescazes
Member

Martijn Verwoest
Member

Executive committee
Executive committee