Ubisoft 2002 Annual Report Download - page 101

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2003
101
FINANCIAL
REPORT
Corporate Governance
5. Corporate Governance
5.1
Management
- Chairman
and Chief Executive Officer Mr.Yves Guillemot
- Managing Vice Presidents Mr. Claude Guillemot (Operations)
Mr. Michel Guillemot (Development - Strategy and Finances)
Mr. Gérard Guillemot (Publishing and Marketing)
Mr. Christian Guillemot (Administration)
Name Appointment date Expiration date of term of office
Yves Guillemot February 26, 1988 Ordinary General Meeting called to rule on
Chairman and CEO the financial statements for the financial
year ending March 31, 2007
Claude Guillemot January 9, 1996 Ordinary General Meeting called to rule on
Managing Vice President the financial statements for the financial
year ending March 31, 2007
Michel Guillemot January 9,1996 Ordinary General Meeting called to rule on
Managing Vice President the financial statements for the financial
year ending March 31, 2007
Gérard Guillemot January 9, 1996 Ordinary General Meeting called to rule on
Managing Vice President the financial statements for the financial
year ending March 31, 2007
Christian Guillemot January 9, 1996 Ordinary General Meeting called to rule on
Managing Vice President the financial statements for the financial
year ending March 31, 2007
General Management Functions
The Board of Directors enjoys the most far-reaching powers to
determine management policies guiding the business and
ensures that they are implemented within the limits of the
corporate purpose and the powers expressly granted by law
to General Meetings.
The administration of the company is entrusted to a Board
of Directors consisting of six members who have a renewable
term of six years
Pursuant to Article L225-51-1 of the French Commercial Code,
the Board is responsible for the general management of the
company, either by the intermediary of a chairman of the
Board of Directors,or by another physical person appointed by
the Board of Directors having the title of Chief Executive
Officer.
The Board of Directors, in its meeting of October 19, 2001,
came to a decision on the method for exercising general
management functions and decided not to dissociate
the functions of the Chairman of the Board of Directors from
general management functions.
As a result, the statutory mission of Mr. Yves Guillemot, in his
capacity as Chairman of the Board of Directors,is to represent
the company's Board of Directors, to organize its work and
report to the General Meeting of Shareholders, to ensure the
proper functioning of the company's corporate bodies and, in
particular, to see to it that the directors are fully capable of
performing their duties. In his capacity of providing for the
general management of the company, subject to the powers
granted by law to General Meetings of Shareholders and the
Board of Directors, he enjoys the most far-reaching powers
to act in all circumstances on behalf of the company and
to represent it in its relations with third parties.