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The Board of directors

The Board of Directors of the Arkema group is presided by Thierry Le Hénaff. It has 13 members and complies with the principles of governance set forth in the AFEP-MEDEF Corporate Governance Code of Listed Corporations.

Composition of the Board

The Board of directors is presided by Thierry Le Hénaff. It consists of 12 other members members, including one director representing shareholder employees and one representing employees. 9 directors are considered as independant and 5 are women.


The Board of directors includes the following members: 

  • Thierry Le Hénaff
  • Patrice Bréant
  • Marie-José Donsion
  • François Enaud
  • Bernard Kasriel
  • Victoire de Margerie
  • Laurent Mignon
  • Hélène Moreau-Leroy
  • Thierry Morin
  • Nathalie Muracciole
  • Marc Pandraud
  • Philippe Vassor
  • Fonds Stratégique de Participations, represented by Isabelle Boccon-Gibod

Powers of the Board

The Board of directors defines Arkema’s strategy and overseas its implementation. The Board reports to its shareholders.


Know more about duties and organization at work of the Board of directors.



The biographies of the Board of directors

Thierry Le Hénaff

Chairman and Chief Executive Officer

Thierry Le Hénaff, born in 1963, holds engineering degrees from École Polytechnique and École Nationale des Ponts et Chaussées and a Master’s degree in Industrial Management from Stanford University in the United States.

Mr. Le Hénaff holds the title of Chevalier de l’Ordre National du Mérite.

After starting his career with Peat Marwick Consultants, in 1992 he joined Bostik, Total’s Adhesives Division, where he held a number of operational positions in France and worldwide.

In July 2001, he was appointed Chairman and Chief Executive Officer of Bostik Findley, the new entity resulting from the merger of Total’s and Elf Atochem’s Adhesives divisions.

On January 1, 2003, Mr. Le Hénaff joined Atofina’s Executive Committee, where he was in charge of three B.U.s (Agrochemicals, Fertilizers and Thiochemicals) and three functional divisions. In 2004, he joined the Executive Committee of Total Chemicals.

Mr. Thierry Le Hénaff was appointed Chairman and Chief Executive Officer of Arkema S.A. on March 6, 2006 and of Arkema France on April 18, 2006.


Date of first appointment: 2006
Date appointment expires: 2020

Patrice Bréant

Director representing Shareholder Employees

Patrice Bréant, born in 1963, is a graduate  of the Institut National Supérieur de la Chimie Industrielle de Rouen and holds a doctorate in organic chemical engineering. He is member of the Supervisory Board of the company collective investment fund (Arkema Actionnariat France).

He started his career in 1983 at the Nord Research Center of CDF Chimie (which later became Orkem), as a polyethylene formulation and modification research engineer.

In 1990 he joined Elf Atochem and worked at the Cerdato Research Center in Serquigny (France).

He has been a member of the Serquigny site Works Council and of the Central Works Council since 1994. He was rapporteur to the research commission of the Central Works Council of Elf Atochem, Atofina and then Arkema France from 1994 to 2007.

Mr. Bréant has also been a member of Arkema’s European group committee, a union representative for Arkema’s Serquigny site and a CFE-CGC central union representative for Arkema France since 2004.

Date of first appointment: 2010
Date appointment expires: 2018

Marie-José Donsion

Non-Executive Independent Director

Marie-José Donsion has been Senior Vice-President Finance and a member of Alstom’s executive committee since 2015. Prior to this, she held a number of operational financial positions at Alstom in France and around the world. She has a double Franco-Spanish nationality is a graduate of ESCP Europe.


Date of first appointment: 9 November 2016

François Enaud

Non-Executive Independent Director

Born in 1959, François Enaud is a graduate of France’s  École Polytechnique and École Nationale des Ponts et Chaussées engineering schools. Between 1998 and March 2015, he was successively Chairman and Chief Executive Officer of Steria SA, Chief Executive Officer of Steria Group and Chief Executive Officer of Sopra Steria Group.

After spending two years as a works engineer at Colas (1981-1982), François Enaud joined Steria in 1983 where he has held several senior management positions (Technical and Quality Divisions Manager, Chief Executive Officer of a subsidiary, Transport Division Manager, Telecoms Division Manager) before being appointed Chief Executive Officer of Steria.


Date of first appointment: 2006
Date appointment expires: 2019

Bernard Kasriel

Non-Executive Independant Director

Born in 1946, Bernard Kasriel is a graduate of France’s École Polytechnique engineering school and has an MBA from Harvard Business School and INSEAD business school.  He was a Managing Partner at LBO France from September 2006 to September 2011.

He joined Lafarge in 1977 as Executive Vice -President (and then Chief Executive Officer) of the health division. He was appointed Executive Vice- President of the Lafarge group and a member of its Executive Committee in 1981. After spending two years in the United States as Chairman and Chief Operating Officer of National Gypsum, in 1989 he became Director and Chief Executive Officer, then Vice-Chairman and Deputy Chief Executive Officer of Lafarge in 1995. He was then Chief Executive Officer of Lafarge from 2003 to end 2005.

Before joining Lafarge, Bernard Kasriel had begun his career at the Institut de développement industriel (1970), before holding senior management positions in different regional companies (1972). He joined the Société Phocéenne de Métallurgie as Executive Vice -President in 1975.


Date of first appointment: 2006
Date appointment expires: 2017

Victoire de Margerie

Non-Executive Independent Director

Victoire de Margerie is a graduate of the Ecole des Hautes Etudes Commerciales (HEC) in Paris and of the IEP in Paris, and she holds a DESS in Private Law from the Université de Paris 1 Panthéon Sorbonne, and a PhD in Management Science from the Université de Paris 2 Panthéon Assas.

Victoire de Margerie has been Chairman and principal shareholder of Rondol Industrie, a micromechanics SME, since 2009. She previously held operational posts in industry in Germany, France and the United States within Elf Atochem, Carnaud MetalBox and Péchiney. Between 2002 and 2011, she also taught strategy and management of technology at the Grenoble School of Management. She serves as a director in a number of listed companies, including, Eurazeo, Morgan Advanced Materials (UK) and Italcementi (Italie).


Date of first appointment: 2012

Date appointment expires : 2019

Laurent Mignon

Non-Executive Independent Director

Laurent Mignon, born in 1963, is a graduate of France’s HEC business school and the Stanford Executive Program. He has been Chief Executive Officer of Natixis since May 2009.

From September 2007 to May 2009 he was Managing Partner of Oddo & Cie, alongside Philippe Oddo, in charge in particular of asset management (Oddo Asset Management), corporate finance (Oddo Corporate Finance), and financial control. Prior to this, Laurent Mignon was Chief Executive of the AGF group, and President of the Executive Committee and a member of the International Executive Committee of Allianz from January 2006 to June 2007. He joined AGF in 1997 as Finance Director, and was appointed member of the Executive Committee in 1998.

Later in 2002, he was given responsibility for investments at AGF Bank, AGF Asset Management and AGF Real Estate successively, and, in 2003, the Life and Financial Services department (asset management, banking activities, real estate) as well as Credit Insurance (Euler & Hermes Group).

Before joining the AGF group, for over 10 years he held a number of positions in the banking sector at Indosuez Bank and Schroders Bank.


Date of first appointment: 2006
Date appointment expires: 2019

Hélène Moreau-Leroy

Non-Executive Independent Director

Born in 1964, Hélène Moreau-Leroy is a graduate engineer from INSA Lyon, and holds a Master’s in International Business Administration (University of New England, Australia). She is a certified supply chain professional (APICS).


Hélène Moreau-Leroy is Chairman and Chief Executive Officer of Hispano-Suiza (Safran Group) and member of the Executive Committee of Safran since July 1, 2013.

She has held a number of management positions in R&D, project management, procurement and production in industrial groups, and spent 14 years of her career outside France in international posts. She joined the Safran Group in 2003 in the Group Purchasing Department of Snecma SA. She then oversaw the implementation of Messier-Bugatti Dowty’s supply chain in emerging countries before she became Executive Vice-President of Programs and a member of the Management Committee.

Hélène Moreau-Leroy is also a member of the Steering Committee of the Groupement des Equipementiers de l’Aéronautique et Défense (GEAD) and a member of networks and associations promoting diversity in the workplace.


Date of first appointment: 2015
Date appointment expires: 2019

Thierry Morin

Non-Executive Independent Director

Born in 1952, Thierry Morin holds a degree in management from the Université de Paris  IX Dauphine and is Officier de l’Ordre National du Mérite, Chevalier de la Légion d’Honneur and Chevalier des Arts et des Lettres (Knight of the Order of Arts and Letters). He is also Chairman of the Board of Directors of INPI and Chairman of Thierry Morin Consulting

Mr. Morin joined the Valeo group in 1989, where he held various positions (Chief Financial Officer for a business unit and senior positions for the group, Purchasing Division and Strategy Division) before becoming Executive Vice President in 1997, Chief Executive Officer in 2000, Chairman of the Executive Board in 2001, and then Chairman and Chief Executive Officer from March 2003 to March 2009. 

Prior to that, he had been in charge of various functions at Burroughs, Schlumberger and Thomson Consumer Electronics.


Date of first appointment: 2006
Date appointment expires: 2017

Nathalie Muracciole

Director representing employees

Nathalie Muracciole, born in 1964, holds a degree in Law from the Université de Créteil in France. She began her career in 1983 in the Total group as executive assistant with CDF Chimie (which later became Orkem). She then became career manager of the Marchés Professionnels business unit of Sigma Kalon. After a few years as recruitment and employment manager with Mapa Spontex, she joined Atofina in 2003. She is successively Corporate training manager with Arkema in 2004 and then human resources and social relations manager for the headquarter between 2006 and 2012. She is in charge of change management in the context of the AMBITION project since 2012.


Date of first appointment: 7 July 2016

Marc Pandraud

Non-Executive Independent Director

Marc Pandraud, born in 1958, is a graduate of France’s ESCP business school. He has been Chairman of JP Morgan for France and Belgium since 2015.

Mr. Pandraud began his career as an auditor with Peat Marwick Mitchell (1982-1985). Subsequently he was Vice President of Bear Stearns & Co Inc. (1985-1989), Chief Executive of SG Warburg France SA (1989-1995), Chief Executive of Deutsche Morgan Grenfell (1995-1998), then Chief Executive in charge of investment banking (1998). He later joined Merrill Lynch as Managing Director of Merrill Lynch & Co Inc. (1998) and Chief Executive of Merrill Lynch France (1998) before becoming President of Merrill Lynch France (2005-2009). He was then in charge of Deutsche Bank’s activities in France from June 2009 until 2015.

Marc Pandraud holds the title of Chevalier de l’ordre national du Mérite.


Date of first appointment: 2009
Date appointment expire : 2017

Philippe Vassor

Non-Executive Independant Director

Born in 1953, Philippe Vassor is a graduate of France’s ESCP business school and is a certified public accountant and statutory auditor. He has served as the Chairman of Baignas SAS since June 2005.

He spent most of his career (1975 to 2005) at Deloitte & Touche, where he was Chairman and Chief Executive Officer in France. From 2000 to 2004 he was a member of the global Executive Group, responsible for Human Resources.


Date of first appointment: 2006
Date appointment expires: 2017

Fonds Stratégique de Participations

Non-Executive Director

The Fonds Stratégique de Participations (FSP) announced in July 2013 that it has taken a 6% shareholding in Arkema’s share capital.

The FSP was created in 2012 by four major French insurance companies - BNP Paribas Cardif, CNP Assurances, Predica and Sogécap - to invest on the long-term in the share capital of French non-financial listed companies and to support them in the implementation of their strategy. It is represented in the governance boards of these companies

The FSP appointed as permanent representative Mrs Isabelle Boccon-Gibod, a person who is completely independent from the insurance companies that founded the FSP and from Edmond de Rothschild AM that manages FSP's funds.

An engineer with degrees from the École Centrale de Paris and the University of Columbia in the United States, Isabelle Boccon-Gibod was Executive Vice-President of Arjowiggins and Executive Vice-President of the Sequana group. She chaired the Copacel (Union Française des Industries des Cartons, Papiers et Celluloses)
until the end of 2013. Isabelle Boccon-Gibod is a member of the National Orientation Board (Conseil National d’Orientation) of BPI France and Vice-President of the Economic Commission of the MEDEF.


Date of first appointment: 2014
Date appointment expires: 2018


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