Tarkett Activity Report 2012

commitment / corporate governance responsibility
Group Governance
Tarkett’s corporate governance processes are directed to ensure:
uncompromised business ethics, robust and transparent corporate
supervision, risk management and regular dialogue with stakeholders.
Tarkett SA is legally structured with a Supervisory Board and a Management Board.
The Supervisory Board:
The Supervisory Board is composed of seven members: three members of the Deconinck family, three
representatives of KKR and one independent member. It is presided by Didier Deconinck and its vice president
is Jacques Garaïalde from KKR. Board members meet once a month with the Management Board for a detailed
review of the group’s financial performance, operations and strategic initiatives.
Stéphanie Couture,
Group General Counsel
‘‘
Compliance at Tarkett aims to insure that,
everywhere we operate we demonstrate best
practices in ethics. Tarkett is committed that
its employees as well as its business partners
apply, in a practical manner, the highest
business standards. Our corporate governance
model thrives to set a simple, transparent
and accountable corporate structure
for our shareholders.
1 2 3 4 5 6
7
1. Bernard-André Deconinck 2. Jacques Garaïalde, KKR
3. Josselin de Roquemaurel, KKR 4. Eric Deconinck 5. Alain Vourch, KKR
6. Didier Deconinck 7. Sonia Bonnet-Bernard
Strong support and commitment
of our shareholders
Since January 2007, Tarkett SA is owned through a holding company
by the Deconinck family (50%) and funds affiliated with “Kohlberg
Kravis and Roberts” (KKR) (50%). These engaged shareholders support
its profitable long term growth strategy.
In line with standard governance practices, the Supervisory Board also has three dedicated Committees:
- the Strategy and Marketing Committee, chaired by Eric Deconinck.
- the Selection and Remuneration Committee chaired by Jacques Garaïalde (KKR).
- the Audit Committee, chaired by Sonia Bonnet-Bernard, independent member of the Board. Its purpose is to
assist the Supervisory Board with the following duties:
• Validating the quality of financial data with external auditors (KPMG and Praxor) as well as making sure
the external auditors’ recommendations are addressed.
• Validating the internal audit plan in collaboration with the internal control and audit department, and ensuring
that internal control processes are performed.
• Examining the conclusions of the internal audits and the implementation of corrective measures.
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