You are here :
  1. Toupargel Group, the specialist in home delivery of food products
  2. Corporate Gouvernance >
  3. Board commitees

Board commitees

The Strategy Committee

Chaired by Roland Tchénio, it includes Maurice Tchénio, Pierre Novarina (directors) and key managers of the Toupargel Group. Its purpose is to discuss Group strategy after receiving full information and prepare for implementation of policy decisions. It met once in 2010. The attendance rate was 100%.

 The Audit Committee

The committee is chaired by independent directors Paul Hurtut and Caroline Weber. The two directors have the requisite financial and accounting experience and competencies for the fulfilment of their remit. An Audit Committee charter has been drawn up, along with a guide and a detailed schedule. The charter sets out the Committee's remit (assisting the Board of Directors in its supervisory role), its members, its operations, its degree of authority, its responsibilities and objectives. The Audit Committee met 4 times in 2010. The attendance rate was 100%. During its meetings, the Audit Committee formed an opinion as to the annual and periodic financial statements, and received information from the Statutory Auditors. It also received information on risk control and internal control within the Group and from several Managers, including the Head of Accounts, the Head of Controlling and the Head of Human Resources. The Committee also received information from the CEO and the Senior Vice President in charge of Finance and the Company Treasurer. It reviewed the internal audit plan and the main conclusions of the auditor's assessment. In its meeting of 17 February 2011, the Audit Committee carried out a self-evaluation of its operations.

The Remuneration and Human Resources Committee

The Remuneration Committee comprises Mr Maurice Tchénio, chairman, and Mr Maurice Sabah. It met on June 1st, 2010. The attendance rate was 100%. Its scope of action goes beyond work on the remuneration of company directors (only one person is concerned, Mr. Roland Tchénio). It defines the general remuneration policy of the management team. It gives advice and guidance on the "incentive" system for sales executives. It gives advice and guidance on recruitment, training and staff assessment. No independent directors sit on the Remuneration and Human Resources Committee.

 Other Committee

The Board has not established a selection and appointments committee. The Board deals directly with all questions normally the responsibility of this committee.