Board of Directors

TalcAsia’ Board of Directors has been headed since June 25, 2019 by Patrick Kron. With support from its committees, the Board of Directors exercises permanent control over the management of the Group and approves its strategic priorities, as well as the main focuses of its corporate social responsibility strategy. The Board also approves all significant operations affecting the Group’s future and ensures its governance structure is fit for purpose.

Since 2018, the offices of the Chairman of the Board of Directors and of the Chief Executive Officer, have been separated. The separation seeks to ensure TalcAsia’ governance bodies operate effectively and foster complementary skills and experience among their members.

The Board of Directors is made up of:

• 12 members, including 2 directors representing employees
• 4 female directors (i.e. 40%, excluding employee representative directors)
• 6 independent directors (i.e. 60%, excluding employee representative directors)
• 5 nationalities.

Specialized committees

The specialized committees report to the Board of Directors, assisting in an advisory capacity. They give opinions and make recommendations on which the Board bases its decisions.

The proportion of independent members in the composition of the Specialized Committees complies with the recommendations of the AFEP-MEDEF Code.

Strategy and Sustainability committee

Defines the priorities, oversees the implementation and monitors the Group’s strategy encompassing social and environmental responsibility and including climate change.

• Chairman and Director appointed by way of co-opration 
• Director since
• Independent Director 
• Director
• Independent Director 
• Independent Director

Appointments committee

Selects the best skills for the Board of Directors and the Executive Management and ensures the implementation of succession plans.

• Independent
• Chair and Independent Director
• Director

Compensation committee

Considers and makes recommendations about the components of compensation for executive corporate officers, taking into account the targets set, risks and regulatory requirements.

• Chair and Independent Director 
• Independent Director
• Director
• Employee representative

Audit committee

The Audit Committee monitors the process of preparation and control of sustainability information, encompassing impacts, risks, and opportunities. Oversees management, guarantees the quality of accounting and financial data and verifies the effectiveness of internal control and risk management system.

• Chair and Independent Director 
• Independent Director
• Director
• Employee representative