2007 Annual report - Groupe M6

MANAGEMENT REPORT
13.1
13.1.1
Management Board
Membership of the Management Board
The Management Board is appointed for a period of five years and since 22 November
2006, has had four members, all natural persons, designated by the Supervisory Board
who are employees of the Métropole Télévision Group and are aged less than 65 years.
Members of the Age Principal function Date of first Expiry
Management Board within the Company appointment date of
appointment
Nicolas de Tavernost 57 Chairman of the 26/05/2000 27/04/2010
Management Board
Thomas Valentin 53 Deputy Chairman with 26/05/2000 27/04/2010
responsibility for programmes
Éric d’Hotelans 57 Deputy Chairman with 14/11/2003 27/04/2010
responsibility for management
Catherine Lenoble 58 Member with responsibility 28/01/2001 27/04/2010
for advertising
13.1.2
Operation of the Management Board
The Management Board has the widest possible powers to act in all circumstances on
behalf of the Company pursuant to Article 18 of the bylaws.
Investments and divestments over € 20 million not provided for in the budget, however,
require the prior approval of the Supervisory Board.
The Management Board meets as often as required in the interests of the company and
usually once a week.
In 2007, the Management Board met 41 times, with minutes kept for each of these
meetings. The Management Board prepares all files to be submitted to Supervisory Board
meetings by providing a detailed presentation of the situation of each activity of the Group
during the previous quarter. To that end, the Management Board ensures the relevance of
operating management indicators presented to the Supervisory Board in order to reflect
developments affecting the various activities and businesses.
The Management Board examines and collectively takes decisions on investment projects
submitted to it by operating teams. In 2007, the Management Board decided in particular
to submit for prior approval by the Supervisory Board investments in an office building in
Neuilly-sur-Seine, the acquisition of the minority interests in Téva and Mistergooddeal,
as well as the investments in Summit Entertainment in the US and Pages Jaunes Petites
Annonces.
The Management Board also approves interim and annual financial statements which are
subsequently presented for approval to the Supervisory Board. Lastly, the Management
Board decides on the Group’s financial communication.
M6 GROUP - 2007 annual report
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