Publicis Groupe Proposes Change to Its Governance Structure
PUBLICIS GROUP SA S/ADR (PUBGY)
NASDAQ:AMEX Investor Relations:
publicisgroupe.com/en/investors/investors-analysts/overview
Company Research
Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:Publicis Groupe [Euronext Paris FR0000130577, CAC 40] today announced a proposed change to the company’s governance, that will be put to a shareholder vote at its Annual General Meeting on 29th May, 2024.Publicis has undergone a period of sustained momentum over the past years, thanks to its unique model adapted to the needs of some of the world’s leading companies, its unmatched capabilities and the depth of its talent bench. To further support that dynamic, and the leadership teams behind it, and in anticipation of the end of his mandate in 2025, Maurice Lévy, Chairman of the Supervisory Board, submitted to the Groupe’s governing bodies a proposal to change the company’s governance. This change would see the company shift from a dual structure corporation with a Supervisory Board and Management Board (Directoire), and instead adopt the more widespread model of a single structure corporation with a Board of Directors.Following a lengthy and
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