Danone: Remuneration of Executive Officers
Groupe DANONE’s Board of Directors studied the MEDEF/AFEP‘s recommendations on the remuneration of executive officers in companies which are listed on the Stock Exchange.
19/12/08 On December 18th 2008, during its meeting, Groupe DANONE’s Board of Directors studied the MEDEF/AFEP‘s recommendations on the remuneration of executive officers in companies which are listed on the Stock Exchange.
To elaborate its report on internal control and governance rules which will be released to the public in March 2009, the Groupe DANONE will refer to the governance Code for companies as amended. The Board reckons that most of the measures it advocates have already been taken within the Groupe.
In this context, the Board will make sure to put in place the appropriate systems to allow the development of a sustainable form of management, knowing both the company’s activities and culture and committed to its long term success.
All measures concerning Groupe DANONE’s executive officers will be detailed in the publications elaborated for the next Annual General Meeting in April 2009.
