The Board of Directors is determined fully to support the Group’s strategy, to work closely with automakers worldwide in their efforts to reduce C02 emissions by offering them innovative concepts, and to develop our business in Asia and emerging countries.
Board of Directors
Functioning of the Board
The Board of Directors determines the orientations of the Company’s operations and sees to their implementation. Subject to the powers expressly granted to shareholders’ meetings and within the limit of the corporate purpose, the Board of Directors is competent for handling, and deciding upon, any matters that concern it. The Board of Directors carries out any controls and audits as it may deem appropriate.
At its meeting on February 18, 2016, the Board of Directors named Jacques Aschenbroich Chairman of the Board of Directors and Chief Executive Officer of the Company and Pascal Colombani Honorary Chairman.
The members of the Board of Directors are: Jacques Aschenbroich, Pascal Colombani, Georges Pauget, Daniel Camus, Jérôme Contamine, Caroline Maury Devine, Michel de Fabiani, Mari-Noelle Jégo-Laveissière, Noëlle Lenoir, Thierry Moulonguet, Ulrike Steinhorst and Véronique Weill.
The Board of Directors has set up three committees whose purpose is to improve its operation and assist it in the decision-making process:
- the Audit and Risks Committee, made up of Daniel Camus, Chairman, Michel de Fabiani, Mari-Noëlle Jégo-Laveissière, Noëlle Lenoir and Thierry Moulonguet.
- the Appointment, Compensation and Governance Committee, made up of Georges Pauget, Chairman, Pascal Colombani, Caroline Maury Devine, Michel de Fabiani and Ulrike Steinhorst.
- the Strategy Committee, made up of Ulrike Steinhorst, Chairwoman, Pascal Colombani, Jérôme Contamine, Thierry Moulonguet, Georges Pauget and Véronique Weill.
Transparent financial communication
Valeo endeavors to provide regular, clear and fully transparent information to its individual and institutional shareholders, both actual and potential, as well as to financial analysts. Information is communicated through press releases and the half-yearly publication of the Group’s results.
Valeo's Operational Committee, chaired by Jacques Aschenbroich, Group CEO, comprises 15 members including the Chief Operating Officer, the Functional Directors and the Presidents of the Business Groups and of Valeo Service. Its role is to define the Group's strategic directions, to monitor the operational management of the Business Groups, and to coordinate project implementation.
Jacques Aschenbroich, Chairman of the Board of Directors and Chief Executive Officer
Geoffrey Bouquot, Vice-President, Corporate Strategy and External Relations
Fabienne de Brébisson, Vice-President, Communications
Robert Charvier, Chief Financial Officer
Catherine Delhaye, Chief Ethics and Compliance Officer
Xavier Dupont, President, Powertrain Systems Business Group
Eric Antoine Fredette, General Counsel
Bruno Guillemet, Senior Vice-President, Human Resources
Maurizio Martinelli, President, Visibility Systems Business Group
Axel Joachim Maschka, Senior Vice President, Sales & Business Development
Francisco Moreno, President, Thermal Systems Business Group
Christophe Périllat, Chief Operating Officer
Eric Schuler, President, Valeo Service Activity
Jean-François Tarabbia, Senior Vice President, Research & Development and Product Marketing
Marc Vrecko, President, Comfort and Driving Assistance Systems Business Group
Other Functional Directors
Rodolphe Garnier, Group Internal Audit and Internal Control Director
Burak Akin, Turkey
Ashok Kumar Belani, India
Françoise Colpron, North America
Luis Chica Couto, Spain/Portugal
Rebecca Cullinan, ASEAN
David Gstalder, Poland
Anders Karlsson, Russia
Sung-Ho Kim, Korea
Maurizio Martinelli, Italy
Reginaldo Hermogenes, South America
Edouard de Pirey, China
Ryuji Saito, Japan
Derrick Zechmair, Germany