Mersen has changed on May 11, 2016 its governance framework. The Group is now led by a Board of directors and a Chief Executive Officer.
Download the Articles of assocation updated on May 14, 2020.
Code of corporate governance
The Group abides by the AFEP-MEDEF’s code of corporate governance for listed companies. More generally, the Group strives to define and apply rigorously the most exacting rules in terms of transparency, quality of information and checks and balances on powers.
The powers exercised by the Board of directors are described in the Internal rules of the Board of directors.
Corporate Governance principles are described in the Group's Universal Registration Document.
Mersen’s Board of Directors has set in place a procedure for the review of related-party agreements and other standard agreements. The procedure is applied before any agreement that can be qualified as regulated is signed, as well as prior to any amendments, renewals or cancellations, and is used to identify standard agreements signed under normal conditions.
Two specialized committees
To control two specific areas of governance that are strategically important for the Group, the Board of directors has set up two committees, namely the Audit and Accounts Committee and the Governance and Remuneration Committee.
The Executive committee of Mersen designs and supervises internal control policy and arrangements. Each business unit manager is then responsible for implementing them. A handbook listing all the minimum internal control procedures is circulated to the entire Group.