Governance at Veolia Environnement: appointments to the Board of Directors

At its meeting on November 6, 2018, the Board of Directors of Veolia Environnement took note that the previous term of office for the directors representing employees expired on October 14, 2018. It further took note that, following the elections of the Group European and French Works Councils, the term of office of Mr Pavel Páša was renewed for a further four years by the Group European Works Council and Mr Franck Le Roux was appointed as a new director, also for a four-year period, by the Group French Works Council, as of October 15, 2018.
 

The Board of Directors has also decided, on a proposal from the Nominations Committee, to appoint:

  • Mr Franck Le Roux to the Accounts and Audit Committee and the Compensation Committee, and
  • Mrs Isabelle Courville to the Nominations Committee, replacing Mr Paolo Scaroni, who will soon have sat on the Board for over 12 years, meaning he will no longer qualify as an independent director.
     

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Veolia group is the global leader in optimized resource management. With nearly 169 000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.
In 2017, the Veolia group supplied 96 million people with drinking water and 62 million people with wastewater service, produced nearly 55 million megawatt hours of energy and converted 47 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €25.12 billion in 2017 (USD 30.1 billion). www.veolia.com

 

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