Executives officers compensation for running this company into the ground (takes a lot of work and special skills to be so efficient at destroying value ...) :
Compensation Fixed Variable Directors Fee
Mr. Remi DORVAL € 112,001 N/A € 57,200 (2)
Mr. Jean-Georges MALCOR € 630,000 € 384,216
Mr. Stéphane-Paul FRYDMAN € 430,880 € 194,892
Mr. Pascal ROUILLER € 431,360 € 194,892
Mrs. Sophie ZURQUIYAH € 532,000 € 242,164
And they continue to protect themselves while running the boat onshore. There should be jail time for such blatant thieving and protectionism :
The Board of Directors of the Company, in its meeting held on June 1, 2017, renewed the term of office of Mr. Jean-Georges Malcor as Chief Executive Officer until June 1, 2020.
Pursuant to article L.225-42-1 of the commerce code, the Board of Directors also decided to renew, for the duration of the term of office of Mr. Jean-Georges Malcor, the undertaking of the Company to the benefit of the latter relating to the payment of a contractual severance indemnity in the event of a dismissal, a non-renewal of his corporate office or in the event of any other forced departure, if such dismissal, non-renewal or forced departure relates to a change of control and a substantial change in situation and/or a change of control and a change of strategy. This undertaking is renewed under the same conditions than the existing one which was approved by the Board of Directors on January 4, 2017 and which will be submitted for ratification to the General meeting to be convened in order to approve the 2016 financial statements.