Implementing the stratetic plan
Governance at Faurecia is provided by its Executive
Committee and Board
of Directors.
The full Executive Committee meets twice a month in order to review the principal questions relating to the general organization of the Group. It discusses and prepares decisions on major operations-related issues concerning the Company and its subsidiaries, which are then taken and implemented by each of the Committee’s members in line with their functions.
The Board
of Directors determines overall business, financial and economic strategies
for the Company and the Group and oversees their implementation. Subject
to the powers expressly granted to Shareholders’ Meetings and within
the limit of the Company’s purpose, the Board deals with all matters
concerning the Company’s affairs and decides on matters involving
the Company. The Board is consulted with respect to all Company or Group
strategic decisions at the initiative of its Chairman.
|
