By François Devedjian, partner and Fabienne Kerebel, counsel
The subject is topical in this 2021 season of general meetings of listed companies.
Highlighted by the latest report from the Autorité des marchés financiers (AMF) of November 2020 on corporate governance and the compensation of executives of listed companies, François Devedjian, partner, and Fabienne Kerebel, counsel, deliver their analysis of say on pay from two angles:
- the scope of the sanction for ex-post “individual” voting resulting in the prohibition of "payment" of "variable and exceptional elements" of remuneration: does equity-based compensation fall within this scope?
- the scope of the ex-ante vote on the remuneration policy: what residual leeway does the board of directors have?
Click here to access the folder.
François Devedjian
Partner
A specialist in stock market law and mergers and acquisitions, he is involved, in particular, in public offers and capital market transactions, as well as in mergers and acquisitions, whether or not involving listed companies.
He regularly advises companies whose securities are traded on a regulated market in France, large industrial groups and innovative companies with strong growth, both in their daily life and on specific transactions.
Fabienne Kerebel
Counsel
She has acquired a solid expertise in the law of listed and unlisted companies and its various components, in particular private equity and mergers and acquisitions.
As such, Fabienne advises companies and executives on their external growth operations, changes in their governance or shareholding, the incentive of key managers or the reorganization of corporate structures. She has developed an in-depth practice of financial securities transactions which allows her to support start-ups, SMEs and mid-cap companies in their fundraising as well as investors at all stages of their investment.
