Jehanne Leroy
EUR 492.40 For Business Accounts Only

Etude de l'AG du 27/04/2017

ITEM 4: Mr Kessler’s 2016 remuneration amounts to €7.96 M (€6.3 M in 2015). This represents 230% of the median total CEO remuneration in the Insurance sector of the Stoxx Europe 600 and widely exceeds its French peers.

Although we appreciate that some of his long-term variable remuneration has been granted under the LTIP (hence performance is measured over a 6-year period), he also received options subject to performance criteria that will be measured over only 2 years. ITEMS 4 and 5: Finally, the company keeps on allowing vesting in case of

underperformance. This is not acceptable and it is high time that the company hears its shareholders’ resentment and stop implementing such practices. This point is the main reason Proxinvest and ECGS do not support the remuneration policy of Scor’s Chairman and CEO.

theScore Inc

Thescore is engaged in the creation, aggregation and distribution of sports content through established and emergent digital media assets, including mobile sports applications and its website.


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.

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

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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. 

Jehanne Leroy

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