Report
Jehanne Leroy
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CGG - Assemblée Générale des actionnaires du 16 Juin 2020

Rémunérations
Les plans d’actions de performance attribués en 2019 comprennent une condition de performance mesurée à fin 2021, soit 2 ans après l’attribution. Ce type de pratique court-termiste ne correspond pas du tout aux pratiques en France et encore moins dans le SBF 120 et n’est pas acceptable. C’est la raison pour laquelle nous ne soutenons pas la résolution 10 relatives aux rémunérations 2019 de la Directrice Générale.

La société a toutefois corrigé le tir pour 2020 puisque les conditions de performance sont toutes désormais mesurées sur 3 ans. En raison de cette amélioration, nous recommandons l’approbation de la résolution 13.

Underlying
CGG
CGG

CGG is a global participant in the geophysical seismic industry. Co. manufactures geophysical equipment and provides marine, land, and airborne data acquisition services. Co. also provides geosciences services, including data imaging, seismic data characterization, geosciences and petroleum engineering consulting services, and collecting, developing and licensing geological data. Co.'s clients are in oil and gas exploration and production industies. Co. divides its activities into four segments: Equipment, Contractual Data Acquisition, Geology, Geophysics and Reservoir (GGR), and Non-Operated Resources, including eight business lines, six Corporate functions, and four Group Departments.

Provider
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

Proxinvest main services are :

  • ​Proxy reports
  • Definition and monitoring of client customized voting guidelines
  • Corporate Governance Data and Rating
  • Thematic research
  • Engagement support

Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.

Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.

As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide. 

Analysts
Jehanne Leroy

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