Corporate governance:
one of Neopost’s main strengths
An independent
and international Board
of Directors Neopost’s Board
of Directors is made up of seven
members, serving three-year mandates. With
the exception of Neopost Chairman and CEO
Jean-Paul Villot, all are independent as defined
by the French NRE (new economic
regulations) act. The competence and
wide experience of the Board help
Neopost to listen to its shareholders and
customers. It comprises directors
of three nationalities, and
is particularly well positioned
to deal with Neopost’s
worldwide strategy. Heavy
involvement in Neopost’s operations
Neopost’s Board of Directors plays a important
role in the company’s development. It considers
all major decisions that concern
Neopost’s strategy.In 2002,the
Board met four times,with an
average attendance
rate of
96%.
Its work in 2002 focused on acquisitions, long-
term development and the Logistics
Systems division. Other
committees The audit
committee comprises
three independent
members. It met twice in 2002. The
remuneration committee takes decisions about
the reward system for top management and
stock option allocation, and met once in 2002. It
is made up of three independent
members. An appointments committee, made
up of four members, was created in April 2003.
Corporate governance is
one of Neopost’s main strengths, as
acknowledged by rating agency Vigeo(1). The
company’s Board of Directors stands out due to the independence of its members, its
international character and its pro-active
approach. > «
The composition and
functions of Neopost’s
Board of Directors
exceed the usual
level of quality. »
Vigeo(1)
(1) Vigeo is the French market leader
in social and
environmental ratings on
European companies. <19>
Neopost’s directors
Directors Main
functions Mandate
Membership of committees
Jean-Paul Villot
Chairman and CEO, Neopost
07/01 - 01/04
Appointments Henk
Bodt President
of the Supervision Board of ASML 07/01
- 01/04 Audit
Pierre Bonelli
CEO, Bull
07/01 - 01/04
Audit Jacques
Clay COO Europe, Open
Harbor Inc. 07/03
- 01/04 Remuneration
and appointments Cornelius
Geber CEO CG Beteiligungs
and Management AG 07/02
- 01/05 Remuneration
and appointments Michel
Guillet Co-founder, Managing
partner, BC Partners 07/01
- 01/04 Remuneration
and appointments Raymond
Svider Senior
Partner, BC Partners 07/01
- 01/04 Audit
> The NRE act reinforces the
role of the Board of Directors
in the company.
>
