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Michelin couv courteGB

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12 6 7 5 3<br />

The Managing Partners run the Company and report on their<br />

management activities to the Annual Shareholders Meeting.<br />

The Supervisory Board is responsible for ongoing supervision<br />

of the Company’s management on behalf of Shareholders.<br />

They are assisted by the Group Executive Council (GEC),<br />

which meets every month.<br />

The GEC comprises ten members drawn from among the heads<br />

of the Group Services, the Product Lines, the Technology Center<br />

and the Zones.<br />

<strong>Michelin</strong> is organized into:<br />

• 9 Product Lines each with its own marketing, development,<br />

production and sales resources.<br />

• 11 Group Services responsible for such functions as purchasing,<br />

personnel, accounting and so forth...<br />

• 5 Zones: Europe, North America, South America, Asia and Pacific Rim,<br />

Africa and Middle East.<br />

• 1 Technology Center with facilities in Europe, the United States and Asia.<br />

• 2 Product distribution networks.<br />

Strategy Fundamentals Businesses • Earnings 10•11<br />

Management<br />

Group Structure • The Managing Partners and GEC Members<br />

visiting a new facility at the Technology Center:<br />

a track with unmatched layout and an optimized<br />

watering system to carry out performance tests<br />

on wet surfaces.

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