2.3 Information concerning the General Partners and Managing Partners
2.3.1 GENERAL PARTNERS
Arnaud Lagardère
4, rue de Presbourg - 75116 Paris
Arjil Commanditée-Arco
A French joint-stock corporation with share capital of €40,000.
4 rue de Presbourg – 75116 Paris, France
2.3.2 MANAGING PARTNERS
At 31 December 2019, the Company was managed by two Managing Partners:
- Arnaud Lagardère; and
- Arjil Commanditée-Arco.
2.3.2.1 ARNAUD LAGARDÈRE
| ARNAUD LAGARDÈRE Managing Partner, Lagardère SCA Chairman and Chief Executive Officer, Arjil Commanditée-Arco SA, and Managing Partner, Lagardère SCA |
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| 4, rue de Presbourg 75116 Date of birth: 18 March 1961 |
Number of Lagardère SCA shares held directly and indirectly at 31 December 2019 (see section 2.9.9.1): 9,521,625. Arnaud Lagardère holds a DEA post-graduate degree in economics from the University of Paris Dauphine. He was appointed Director and Chief Executive Officer of MMB (which became Lagardère SCA) in 1987, and was Chairman of the US company Grolier Inc. from 1994 to 1998. Arnaud Lagardère was appointed Managing Partner in March 2003 and the Supervisory Board approved the General Partners’ proposals to renew his appointment on 11 March 2009 and 11 March 2015 for successive six-year terms, the latest expiring on 25 March 2021. Arnaud Lagardère controls and is the Chairman of Lagardère SAS, LM Holding SAS and Lagardère Capital & Management SAS, with which he held a 7.26% stake in Lagardère SCA at 31 December 2019 (see section 2.9.9.1). |
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| Directorships and other positions held in the Group (at 31 December 2019)
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Directorships and other positions held outside the Group (at 31 December 2019)
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Items appearing in the Annual Financial Report are cross‑referenced with the following symbol AFR
| ARNAUD LAGARDÈRE (SUITE) Managing Partner, Lagardère SCA Chairman and Chief Executive Officer, Arjil Commanditée-Arco SA, and Managing Partner, Lagardère SCA |
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Directorships and other positions held during the last five years
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2.3.2.2 ARJIL COMMANDITÉE-ARCO
A French joint-stock corporation with share capital of €40,000
4 rue de Presbourg – 75116 Paris, France
Represented by Arnaud Lagardère, Pierre Leroy and Thierry Funck-Brentano.
Arjil Commanditée-Arco was appointed as a Managing Partner on 17 March 1998 and the Supervisory Board approved the General Partners’ proposals to re-appoint it as Managing Partner on 12 March 2004, 10 March 2010 and 9 March 2016 for successive six-year terms, with the latest term expiring on 17 March 2022.
Arjil Commanditée-Arco does not hold any directorships or other positions.
At the time of the most recent re-appointment of Arjil Commanditée- Arco on 9 March 2016, in application of the provisions of article 14-2 of the Articles of Association and based on a recommendation of the General Partners, the Supervisory Board re-appointed, within Arjil Commanditée-Arco:
- Arnaud Lagardère, as Chairman and Chief Executive Officer;
- Pierre Leroy, as Deputy Chairman and Chief Operating Officer;
- Thierry Funck-Brentano, as Chief Operating Officer.
As legal representatives of Arjil Commanditée-Arco, Managing Partner of Lagardère SCA, Pierre Leroy and Thierry Funck-Brentano act as “Co-Managing Partners” of Lagardère SCA and are, along with Arnaud Lagardère, executive corporate officers.
Positions held by the legal representatives of Arjil Commanditée-Arco in other companies (at 31 December 2019):
ARNAUD LAGARDÈRE (SEE ABOVE).
| PIERRE LEROY Co-Managing Partner of Lagardère SCA Secretary General of the Lagardère group |
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| 4, rue de Presbourg 75116 Paris Date of birth: 8 October 1948 |
Number of Lagardère SCA shares held at 31 December 2019: 99,279. Pierre Leroy is a graduate of the École Supérieure de Commerce de Reims business school and holds a degree in law. He has spent his entire career with the Lagardère group. He was appointed Director and Chief Executive Officer of MMB (which became Lagardère SCA) in 1987, then Chairman and Chief Executive Officer of Lagardère Sociétés in 1988 and Secretary General of the Lagardère group in 1993. He was appointed Co-Managing Partner of Lagardère SCA in March 2004, and was re-appointed in 2010 and 2016. |
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Directorships and other positions held outside
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Directorships and other positions held during the last five years​
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| THIERRY FUNCK-BRENTANO Co-Managing Partner of Lagardère SCA Chief Human Relations, Communications and Sustainable Development Officer, Lagardère group |
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| 4, rue de Presbourg 75116 Paris Date of birth: 2 May 1947 |
Number of Lagardère SCA shares held at 31 December 2019: 196,233 Thierry Funck-Brentano holds a master’s degree in management from the University of Paris Dauphine as well as an MBA from Northwestern University (Kellogg) in the United States. He has spent his entire career with the Lagardère group. He was appointed Co-Managing Partner of Lagardère SCA in March 2010, and was re-appointed in 2016. |
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Directorships and other positions held in the Group (at 31 December 2019)
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Directorships and other positions held outside
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Directorships and other positions held during the last five years
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