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Evolution of the composition of the Board of Directors
in view of the 2019 Shareholders' Meeting
Paris, March 20, 2019 - The Board of Directors of Capgemini SE, meeting on March 20, 2019 under the chairmanship of Paul Hermelin, Chairman and Chief Executive Officer, and on the report of the Ethics and Governance Committee, deliberated on the evolution of the composition of the Board of Directors at the coming Shareholders' Meeting of May 23, 2019.
In line with its ambition to further the internationalization of its composition, deepen its industry expertise and enrich the diversity of its profiles, the Board of Directors decided to propose the appointment of Xiaoqun Clever as a member of the Board of Directors for a term of four years at the 2019 Shareholders' Meeting.
Xiaoqun Clever is a German citizen. She has acquired solid experience in the field of digital transformation and use of data over the course of a successful career in the software and data industries. In addition, she will bring to the Board of Directors of Capgemini SE her excellent knowledge of the Asian and Central European markets, a valuable asset for the Group's future development in these key geographies. The Board has indicated that Ms. Clever would be considered independent pursuant to the criteria of the AFEP-MEDEF Code to which the Company refers.
The Board of Directors will also submit for Shareholders' approval the ratification of the co-optation of Laura Desmond who was provisionally appointed as a director from January 1st, 2019, by the Board of Directors on December 5th, 2018, to serve the remainder of Carole Ferrand's1 mandate. Her term of office will therefore expire in 2020 at the Annual Shareholders' Meeting convened to approve the 2019 statutory accounts.
Assuming the adoption of these resolutions by the Shareholders' Meeting of May 23, 2019, the Board of Directors would count 14 directors, including two directors representing employees, with 82% of independent directors2, 29% of international profiles, and 50% of female directors3.
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This press release may contain forward-looking statements. Such statements may include projections, estimates, assumptions, statements regarding plans, objectives, intentions and/or expectations with respect to future financial results, events, operations and services and product development, as well as statements, regarding future performance or events. Forward-looking statements are generally identified by the words "expects", "anticipates", "believes", "intends", "estimates", "plans", "projects", "may", "would" "should" or the negatives of these terms and similar expressions. Although Capgemini's management currently believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking statements are subject to various risks and uncertainties (including, without limitation, risks identified in Capgemini's Registration Document available on Capgemini's website), because they relate to future events and depend on future circumstances that may or may not occur and may be different from those anticipated, many of which are difficult to predict and generally beyond the control of Capgemini. Actual results and developments may differ materially from those expressed in, implied by or projected by forward-looking statements. Forward-looking statements are not intended to and do not give any assurances or comfort as to future events or results. Other than as required by applicable law, Capgemini does not undertake any obligation to update or revise any forward-looking statement.
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About Capgemini
A global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients' opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. It is a multicultural company of over 200,000 team members in more than 40 countries. The Group reported 2018 global revenues of EUR 13.2 billion.
Visit us at www.capgemini.com. People matter, results count.
1As a reminder Carole Ferrand stepped down from the Board on May 28th.
2 The directors representing employees and employee shareholders are not taken into account in calculating this percentage, in accordance with the provisions of the AFEP-MEDEF Code.
3 The two directors representing employees are not taken into account in calculating this percentage, in accordance with the provisions of the French Commercial Code currently in force.
Attachment
- 2019_03_20_Capgemini_Composition_Board_of_Directors (https://ml-eu.globenewswire.com/Resource/Download/3ec174b6-bbcd-4ea1-adaa-663a74d63de2)
