Proxy Report 29/06/2018
Le renouvellement d’Eric Jacquet, Président Directe Général, est proposé en résolution 11. Selon notre politique de vote, les PDG fondateurs ou leurs descendants peuvent être si le conseil est majoritairement indépendant, et s’il ne bénéficie pas d’avantages au détriment des autres actionnaires (ni droit de vote double, ni rémunération excessive, ni convention réglementée significative dont il serait bénéficiaire). Or, en l'occurrence, si le conseil est bien majoritairement indépendant, il existe un droit de vote double dont M. Jacquet est le principal bénéficiaire. Par ailleurs, des conventions (baux commerciaux conclus avec S.C.I. Cité 44, la société Jeric et la S.C.I. de Migennes) bénéficient directement à M. Jacquet sans que les actionnaires puissent vérifier que les conditions auxquelles ont été conclus ces baux sont justes. Nous ne soutenons donc pas cette résolution 11.
Par ailleurs, la communication de la société est déficiente tant sur les montants de la rémunération attribuée au titre de 2017 que sur la politique à mettre en place au titre de 2018, ce qui ne nous permet pas de soutenir les résolutions 19 à 22.
Jacquet Metal Services is a European distributor of specialty steels, also active in China and the U.S.A. Co.'s main activity consists of purchasing, storing, and delivering different families of products. Co. is active in four markets for the distribution of special steels through four brands: JACQUET (distribution of stainless steel thick "Quarto" plates); Stappert (distribution of long stainless steel products); Abraservice (distribution of wear-resistant "Quarto" plates); IMS group (distribution of engineering steels). Co.'s main consumer sectors are the following industries: chemical; agro foods; treatment and storage of gases; water treatment; environment and cleanup; and energy.
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