Sodexo is a French public limited company (société anonyme) governed by a Board of Directors.
The rules and operating procedures of the Board of Directors are defined by the law, the Company’s bylaws and the Internal Rules of its Board. In addition, three specialized Committees have been set up by the Board in order to enhance the Board’s effectiveness and the Company’s governance.
Directors hold office for a term of three years and may be reappointed. However, exceptionally, the Ordinary Shareholders Meeting may, on the recommendation of the Board of Directors, appoint or reappoint one or several directors for a period of one or two years, to stagger the reappointment of directors.
Sodexo is governed by a Board of Directors, which has been chaired by Sophie Bellon since January 26, 2016.
Since March 1, 2022, Sophie Bellon has been Chairwoman and Chief Executive Officer of Sodexo and Luc Messier is Lead Director. On the occasion of the expiry of Sophie Bellon's term as director, the Board of Directors decided to maintain this governance if Sophie Bellon is re-elected as director by the Shareholders Meeting of December 15, 2023. In this way, the Board of Directors aims to ensure that the definition and execution of the strategy are fully aligned, given that Sodexo’s transformation accelerates, more particularly in the context of the proposed separation of the Benefits & Rewards activity (Pluxee), requires swift and agile decision-making processes within the Company while, at the same time, maintaining a strong governance with the existence of means implemented to ensure the balance of powers.
As reported previously, Sophie Bellon does not benefit from an employment contract.
