Since 2005, Vivendi has chosen a two-tier governance structure based on a Supervisory Board and a Management Board. This structure allows it to separate control and management authority. Since 2008, Vivendi has used the AFEP/MEDEF Code of Corporate Governance for Publicly Traded Companies.
The Supervisory Board, chaired by Yannick Bolloré, is a collegiate body. Its deliberations involve all its members, who undertake to keep them confidential.
Vivendi’s Supervisory Board counts twelve members: six men and six women, including the member representing the Group’s employees (*) and one representative of the Group’s employee shareholders (**). Six members are independent Directors.
Three specialized commitees have been assisting the Supervisory Board in fulfilling its duties: the Audit Committee, the Corporate Governance, Nominations and Remuneration Committee and The Corporate Social Responsibility Committee.