Société L.D.C., Assemblée Générale du 28 Août 2019
Gérard Chancereul, âgé de 81 ans, fondateur de LDC dont la famille détient 17,67% du capital et 20,32% des droits de vote, ancien dirigeant et actuel Président du conseil de surveillance n'a pas sollicité le renouvellement de son mandat. La société a indiqué à Proxinvest que le futur Président du conseil sera nommé lors de la séance du conseil qui se tiendra à l'issue de l'assemblée générale du 22 août 2019 et qu'à ce jour, il n'y a qu'un candidat qui est André Delion. Le conseil de surveillance devrait donc être ainsi présidé par un membre libre de conflits d'intérêts potentiels (voir résolutions 5 et 7).
Les rémunérations des dirigeants apparentés aux principaux actionnaires sont acceptables malgré l'absence de part à long-terme. En effet, les montants sont raisonnables et leurs positions d'actionnaires alignent leurs intérêts avec ceux des autres actionnaires. Cependant, la politique de rémunération de Philippe Gelin, qui a rejoint le Directoire en mars 2017 et qui ne semble pas lié aux familles actionnaires, ne comprend pas de part long-terme. Dans ces conditions, la résolution 11 ne sera pas soutenue.
Societe LDC SA is a France-based holding company engaged in food processing. The Group provides poultry products, as well as a range of delicatessen food. It has four business lines: Upstream division, which is responsible for branch management; Poultry division, engaged in the poultry, pig and cattle farming, as well as egg production and others; The Delicatessen division, offering ready-to-eat meals and snacks like pizzas, sandwiches, tarts and desserts and International division which focuses on international development with countries specific strategies. It markets its products under various brands, including Le Gaulois, Loue and Traditions d'Asie.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.