Carbios’ Governance


 

AN OPERATIONS-FOCUSED EXECUTIVE COMMITTEE

The Executive Committee plays a central role in leading the company’s projects:

  • It determines and monitors actions to be carried out in the business;
  • It oversees operations;
  • It coordinates approaches to cross-functional issues and projects;
  • It contributes to improving relationships with academics and industrials;
  • It anticipates and prepares for organisational and strategic developments for the Company.

 

These highly experienced executives act as a team in charge of the implementation of Carbios’ strategy, ensuring that action plans are coordinated and applied throughout Company.

Executive Committee

Jean-Claude Lumaret

Chief Executive Officer

Martin Stephan

Deputy CEO

Alain Marty, PHD

Chief Scientific Officer

Kader Hidra

Chief Financial Officer

Lise Lucchesi

Intellectual Property Director

Vanina Varlamoff

Legal Affairs and Human Resources Director

The board of Directors

The Board of Directors’ task is to determine the operating priorities of the Company and ensure they are implemented. Its members have strong complementary expertise in industry, research and finance and high-level international experience.

BOARD

Ian Hudson

Truffle Capital represented by Dr. Philippe Pouletty

Board member

Jean Falgoux

Board Member

Jacqueline Lecourtier

Board Member

Jacques Breuil

Board Member

Alain Chevallier

Board Member

Mieke Jacobs

Board Member

Vincent Kamel

Board Member

Godefroy Motte

Board Member

Pascal Juery

Board Member

The scientific advisory board

The Scientific Advisory Board (or « SAB ») is a consultative scientific committee that was formed to assist the Board of Directors with all scientific issues, by providing advice, suggestions and recommendations.

The Scientific Committee is composed of the following members: Prof. Alain Marty, member and Chairman of this Committee and Dr. Philippe Dubois, Dr. Uwe T. Bornscheuer, and Prof. Saleh Jabarin, members of the Committee .

Audit committee

Carbios’ Board of Directors decided to create an independent Audit Committee with its own specific areas of responsibility. The Company referred to the “Report of the Working Group on Audit Committees” of the AMF working group of 22 July 2010 in defining the characteristics of this Committee.

In accordance with article L.823-19 of the French commercial code, the Audit Committee is responsible in particular for monitoring:

  • the process for producing financial information;
  • the efficiency and effectiveness of internal control and risk management systems;
  • the statutory audit of the annual and consolidated financial statements by the statutory auditors; and
  • the independence of the statutory auditors.

 

In addition, the Committee issues a recommendation on statutory auditors proposed for appointment to the Shareholders’ Meeting. It reports regularly to the Board of Directors on its tasks and informs the Board immediately of any issues or concerns.

The Committee can at any time discuss any significant financial or accounting question related to its areas of responsability and provide its opinions or recommendations to the Board.

The Board may also entrust the Committee with any other assignments it deems appropriate.

Pursuant to article L.823-19 of the French commercial code, it is up to the Board to establish the Committee’s composition. Nevertheless, the Committee must be made up exclusively of Board members who do not have management responsibilities in the Company.

Composition of the Audit Committee: 

Jacques Breuil is Chairman of the Company’s Audit Committee

Alain Chevallier and the company ZDG Consulting, represented by Jose Da Gloria are members of the Company’s Audit Committee

In accordance with the applicable legal requirements, these directors have specific financial or accounting expertise.