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About Patrick Fiorani

Compensation Research Analyst

Case Study: When the Spirit and the Letter Diverge at Teleperformance and Eurazeo

As of 2018, France has one of the most restrictive say on pay regimes in the world. As such, it is perhaps unsurprising that issuers are beginning to find work-arounds and loopholes in Loi Sapin [...]

By |November 5, 2018|Blog|Comments Off on Case Study: When the Spirit and the Letter Diverge at Teleperformance and Eurazeo

Amendment on Executive Pay Leaves French Boards in a Bind

France’s legislative bodies have been debating the introduction of stricter say-on-pay rules for a the past few months (see blog post), but last Tuesday the final text of the amendment emerged (Amendment 161); its final [...]

By |November 11, 2016|Blog|Comments Off on Amendment on Executive Pay Leaves French Boards in a Bind

France to Introduce Binding Pay Votes … In Some Form

The remuneration of top executives has been in the French Government’s crosshairs since François Hollande and the Socialist Party came into power in 2012, and now the French National Assembly has adopted a draft law [...]

By |September 22, 2016|Blog|Comments Off on France to Introduce Binding Pay Votes … In Some Form

Glass Lewis Comments on Revisions to Afep-Medef Corporate Governance Code

Glass Lewis submitted comments on the revisions to the Afep-Medef Corporate Governance Code in France in response to a public consultation in July 2016. Download

By |July 15, 2016|Regulatory Matters|Comments Off on Glass Lewis Comments on Revisions to Afep-Medef Corporate Governance Code

Renault’s Stakeholders: “Pas Content!”

The defeat of an advisory pay proposal at Renault, and the board's dismissive reaction, have brought questions of governance to the fore—not least concerning the governance of French corporate governance itself, and whether corporate France’s [...]

By |May 26, 2016|Blog|Comments Off on Renault’s Stakeholders: “Pas Content!”
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