Arkema’s combined shareholders general meeting was held on 7 June under the chairmanship of Thierry Le Hénaff, Chairman and Chief Executive Officer.
Arkema’s combined shareholders general meeting was held on 7 June under the chairmanship of Thierry Le Hénaff, Chairman and Chief Executive Officer. The shareholders adopted all resolutions recommended by the Board of Directors, including:
- The approval of the 2015 Company’s and consolidated financial statements,
- The re-election of Thierry Le Hénaff as director for a four-year term,
- The payment of a dividend of €1.90 per share effective 13 June 2016, and
- Various delegations of authority and financial authorizations granted to the Board of
Directors.
The Board of Directors, which met immediately after the shareholders’ meeting, decided to reappoint Thierry Le Hénaff as Chairman and Chief Executive Officer for the duration of his term of office as director.
During this annual general meeting, Thierry Le Hénaff came back on the tenth anniversary of Arkema’s stock market listing and the in-depth transformation undertaken by the Group since 2006. Throughout this period, the Group changed considerably with the speeding-up of the development of its High Performance Materials division, its excellent achievements in occupational safety and environmental protection, and its strong technological innovation drive.
More efficient, more resilient and with a balanced geographic presence, the Group successfully created, over the last ten years, a lot of value for both its shareholders and its stakeholders, as reflected by its stock market performance and the significant growth of its dividend.
After detailing the 2015 highlights, including the success of the Kerteh thiochemicals platform start-up in Malaysia and of the integration of Bostik, Thierry Le Hénaff concluded his presentation by setting out the Group’s ambition and key priorities over the long term.
Thierry Lemonnier, Chief Financial Officer, then presented Arkema’s excellent financial performance in 2015 and early 2016, and confirmed the Group’s outlook for the year.
Lastly, Thierry Morin, Chairman of the Nominating, Compensation and Corporate Governance Committee, presented the Company’s latest developments in corporate governance and compensation matters, with further implementation of the best practices in these areas.