Redesigned following the 2018 arrival of new majority shareholder EQT, 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 & advisory committee
The supervisory board has seven members: one representing EQT, five independent members and one employee representative. It meets at least four times per year.
The supervisory board overseas the management of the Company by its chairman. It makes decisions on strategic issues affecting Company life. The supervisory board 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.
General management committee
Chaired by Patrick Blethon, the general management committee has 6 members. It meets weekly to address issues and factors of direct relevance to day-to-day company operations.
The Saur Group executive commitee
Chaired by Patrick Blethon, the executive committee has 18 members. The executive committee has responsibility for consideration, consultation and decision-making. It meets monthly to address major issues and factors affecting the life of the company.
CHIEF EXECUTIVE OF STEREAU
SENIOR EXECUTIVE VICE-PRESIDENT AND CHIEF FINANCIAL OFFICER
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS FRANCE - SOUTH-WEST
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS FRANCE - WEST
EXECUTIVE VICE-PRESIDENT COMMUNICATION & CSR
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 SOUTH-EAST
SENIOR EXECUTIVE VICE-PRESIDENT STRATEGY, TRANSFORMATION AND NEW SERVICES
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS FRANCE - CENTER & EAST
EXECUTIVE VICE-PRESIDENT WATER OPERATIONS NORTHERN FRANCE & PARIS REGION
SENIOR EXECUTIVE VICE-PRESIDENT HUMAN RESOURCES
EXECUTIVE VICE-PRESIDENT DIGITAL INNOVATION
EXECUTIVE VICE-PRESIDENT SPAIN
SENIOR EXECUTIVE VICE-PRESIDENT OPERATIONS & SUPPLY CHAIN
SENIOR EXECUTIVE VICE-PRESIDENT INTERNATIONAL