Compensation
As part of its corporate governance approach, Arkema has decided to refer to the Corporate Governance Code for AFEP-MEDEF French listed companies.
In accordance with the provisions of the internal regulations of the Board of Directors, the Nominating, Compensation and Corporate Governance committee issues recommendations or propositions concerning the compensation of the Company’s directors.
Compensation of the Chairman and Chief Executive Officer
The structure of the Chairman and Chief Executive Officer's annual compensation consists of:
- a fixed part,
- a variable part of up to 180% of the annual fixed compensation based on achieving a number of specific quantitative and qualitative targets which essentially concern the implementation of the Group’s strategy, and
- the award of performance shares entirely subject to the fulfilment of performance conditions.
- DECISIONS OF THE BOARD OF DIRECTORS’ MEETING OF 28 FEBRUARY 2024 REGARDING THE COMPENSATION COMPONENTS OF THIERRY LE HÉNAFF, CHAIRMAN AND CHIEF EXECUTIVE OFFICER
- Decisions of the Board of Directors meeting on 22 February 2023 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 23 February 2022 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 24 February 2021 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 14 April 2020 regarding of the Chairman and Chief Executive Officer's compensation and the non-executive director's compensation
- Decisions of the Board of Directors meeting on 26 February 2020 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 26 February 2019 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 21 February 2018 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 27 February 2017 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 2 March 2016 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 4 March 2015 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on March 3rd, 2014 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on February 27th, 2013 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on March 7th, 2012 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on March 1st, 2011 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on May 10th, 2010 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on March 3rd, 2010 regarding the compensation of the Chairman and Chief Executive Officer
- Decisions of the Board of Directors meeting on 4th March 2009 regarding the compensation of the Chairman and Chief Executive Officer
Performance shares and stock options
Arkema put in place performance shares and stock option plans for its employees in order to involve them closely in the Group’s future growth as well as its stock market performance.
In accordance with the stock-based compensation policy decided by the Board of Directors in 2013, no stock option plan has been implemented since 2012.
- Decision of the Board of Directors dated 8th November 2023 regarding the award of performance shares
- DECISION BY THE BOARD OF DIRECTORS dated 22nd february 2023 REGARDING THE 2022 PERFORMANCE SHARE PLANS
- Decision of the Board of Directors dated 9th November 2022 regarding the award of performance shares
- Decision of the Board of Directors dated 9th November 2021 regarding the award of performance shares
- Decision of the Board of Directors dated 4th November 2020 regarding the award of performance shares
- Decision of the Board of Directors dated 29th October 2019 regarding the award of performance shares
- Decision of the Board of Directors dated 5th November 2018 regarding the award of performance shares
- Decision of the Board of Directors dated 8th November 2017 regarding the award of performance shares
- Decision of the Board of Directors dated 9th November 2016 regarding the award of performance shares
- Decision of the Board of Directors dated 9th November 2015 regarding the award of performance shares
- Decision of the Board of Directors dated 13th November 2014 regarding the award of performance shares
- Decision of the Board of Directors dated 6th November 2013 regarding the award of performance shares
- Decision of the Board of Directors dated on 9th May 2012 regarding the award of performance shares
- Decision of the Board of Directors dated on 4th May 2011 on the award of stock options and performance shares
- Decision of the Board of Directors dated on 12th May 2009 on the award of stock options and performance shares
- Additional information on performance share plans 2013 - 2014 - 2015